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PolitiFact Says Trump’s “Falling Food Prices” Claim Mostly False

8/13/2026

30 4 Full Breakdown

Center

Trump Claims Deflation

U.S. President Donald Trump told Fox News that food, groceries and other consumer prices are falling.
PolitiFact rated the claim mostly false, noting overall prices rose 4.3% and gasoline jumped 34% since January 2025.
June 2026 inflation was 3.5%, while gasoline rose 34% to about $4.50 per gallon.
Kevin Hassett and Larry Kudlow said White House may index capital gains on primary-home sales.

Left

Trump Claims Deflation

U.S. President Donald Trump told Fox News consumer food and grocery prices are falling.
Democratic officials said July CPI rise and high gas prices show ordinary Americans remain squeezed.
The BLS reported July CPI up 0.1% after a 0.4% June drop, inflation 3.4%.
Senate Leader Chuck Schumer said Trump spent $900 million on a White House ballroom.
A Fox News poll showed 24 percent approved President Trump’s handling of the economy.

Blindspot

Blindspot

Senate Minority Leader Chuck Schumer said President Trump spent $900 million renovating a White House ballroom, citing it as an example of excessive expenditure.
Within this story's sources, this angle appears mainly in Left-leaning coverage and receives less attention in Center-leaning coverage.

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Trump Claims Deflation

U.S. President Donald Trump told Fox News that food, groceries and other consumer prices are falling.
PolitiFact rated the claim mostly false, noting overall prices rose 4.3% and gasoline jumped 34% since January 2025.
June 2026 inflation was 3.5%, while gasoline rose 34% to about $4.50 per gallon.
Kevin Hassett and Larry Kudlow said White House may index capital gains on primary-home sales.

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