Trump Falsely Claims Inflation 'Way Down' in Truth Social Post, Blames Democrats

On July 15, 2026, Trump posted on Truth Social falsely claiming inflation is 'way down,' ignoring the year-over-year inflation rate of 3.5%—higher than the 3% when he took office. This marks his fourth documented false inflation claim, continuing a pattern of economic disinformation. He blamed Biden for inflation spikes that followed his own Iran war. The Labor Department reported a 0.4% monthly decline in consumer prices, but the overall trend remains elevated compared to pre-Trump levels.

“Great News America! The Dumocrat caused inflation is way down from what it had been, and we will bring it down still further. MAGA!” Quote verified against source