President Donald J. Trump
The White House
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Inflation Remains Low as Democrat Shutdown Threatens Progress

The White House

“Inflation came in below market expectations in September thanks to President Trump’s economic agenda. This is good news for American families, and it’s a shame the Democrats are using them as ‘leverage’ to fund health care for illegal aliens. Democrats choosing to keep the government closed will likely result in no October inflation report, which will leave businesses, markets, families, and the Federal Reserve in disarray.”
— White House Press Secretary Karoline Leavitt

Today’s new Consumer Price Index reveals inflation smashed market expectations once again in September — with prices holding steady and wages beating inflation as President Donald J. Trump ushers America into a new Golden Age.

Unfortunately, the Democrat Shutdown risks grinding that progress to a halt. Because surveyors cannot deploy to the field, the White House has learned there will likely NOT be an inflation release next month for the first time in history — depriving policymakers and markets of critical data and risking economic calamity.

Here’s what else you need to know:

  • Inflation has remained steady since President Trump took office, averaging just 2.5% — compared to an average of 5% under Biden.
  • Real private sector wages are on track to rise by $1,151 (+1.8%) since President Trump took office — welcome relief after private sector wages declined by nearly $3,000 (-4.5%) under Biden.
  • Gasoline prices are on track for an annualized drop of 7.5% since President Trump took office — reversing an average annual increase of 7.7% under Biden.
  • Gas prices have approached their lowest average levels in more than four years.
  • The 12-month change in overall shelter costs is at its lowest level in four years.
  • Costs are down for motor vehicle insurance, used cars and trucks, communication commodities, propane, fresh fruits, nonprescription drugs, butter, apparel, and a host of other items — while egg prices are down 23.7% since President Trump took office.
  • Bloomberg’s Chris Anstey: “These readings will also bolster the Trump administration’s argument that inflation is under control and tariffs aren’t triggering a cost-of-living surge.”

Under President Trump, America is back — but inflation is not.