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Trump Claims Inflation Victory Amid Rising Housing Costs

12/12/2025

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Summary

Story summary

U.S. President Donald Trump claimed on December 11 that the administration is crushing inflation.
Inflation data shows a rise at 3% in September, partly due to tariffs.
Mortgage rates have fallen, but housing remains unaffordable at $131,400 for a typical home.
Gasoline prices declined, while residential electricity costs rose over 10% in 2025.
Many Americans report rising costs, with 75% saying housing is less affordable.

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Story summary

U.S. President Donald Trump claimed on December 11 that the administration is crushing inflation.
Inflation data shows a rise at 3% in September, partly due to tariffs.
Mortgage rates have fallen, but housing remains unaffordable at $131,400 for a typical home.
Gasoline prices declined, while residential electricity costs rose over 10% in 2025.
Many Americans report rising costs, with 75% saying housing is less affordable.