Fact-check · Aug 14, 2026 · Donald Trump
“We are bringing the price is way down.”
FALSE
What the record shows
BLS reports headline CPI at 3.0% YoY in January 2025 (up from 2.9% in December); EIA reports gasoline at $2.78/gal on Jan 12, 2025, up 8 cents YoY. Only 2025 annual average gas prices ($3.10/gal) were lower than 2024 ($3.30/gal).
Sources
- CPI report January 2025: Prices rise 0.5%
- Annual U.S. Inflation Rate Since January 2025
- CPI report: US inflation heats up to 3% for first time since June | CNN Business
- Consumer Price Index News Release - 2025 M01 Results
- Consumer Price Index News Release - 2025 M12 Results
- Full text of Consumer Price Index : Consumer Price Index - January 2025 | FRASER | St. Louis Fed
From: President Trump Delivers Remarks, Aug. 14, 2026
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