Trump Falsely Claims Grocery and Food Prices Are 'All Coming Down' in Fox News Interview

In an August 4, 2026 Fox News interview, Trump said prices are 'all coming down now,' adding 'The food, the groceries, it's all coming down.' PolitiFact rated the claim Mostly False on August 10, 2026, citing federal data showing overall consumer prices had risen approximately 4.3% since Trump's second term began in January 2025, with grocery prices up 3.4%. Specific increases cited included coffee (35%), ground beef (23%), steak (21%), and chicken breast (5.3%); energy prices had also surged, with gasoline up 34%, fuel oil 24%, natural gas 12%, and electricity 8%, driven substantially by the Iran war that began February 28, 2026. PolitiFact noted that while a minority of items such as eggs, bacon, and bread had declined in price, they did not represent the broader trend Trump described.

“Prices are all coming down now. The food, the groceries, it's all coming down.” — Trump in a Fox News interview on August 4, 2026, days before a July CPI report showing 3.4% year-over-year inflation. Quote verified against source