Fact-check · Nov 2, 2026 · Donald Trump
“They had literally record inflation the highest prices in history, the highest inflation, in history.”
MISLEADING
What the record shows
6.4% — Inflation (CPI) in 2022 (Biden), per BLS CPI-U.
Inflation peaked at 9.1% in mid-2022, highest since 1981 but not in U.S. history. 1970s-80s saw higher rates.
This figure differs by region.
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