Are Food Prices Going Down? Trump’s Claim vs. Reality
Summary
President Donald Trump shared a post claiming grocery prices have become more affordable. However, official U.S. government data shows that overall food prices at home increased by 2.9% in the year ending April 2024, with some items like tomatoes and coffee rising sharply.Key Facts
- President Trump posted on Truth Social that some grocery items, such as avocados, eggs, olive oil, and chicken breast, had price drops.
- The post cited USDA Economic Research Service and Circana Retail Scanner Data.
- The U.S. Bureau of Labor Statistics (BLS) reported that food-at-home prices rose 2.9% over the 12 months ending in April 2024.
- Some items had large price increases: tomatoes rose 39.7%, coffee 18.5%, and certain beef cuts about 15-18%.
- Some food items saw price drops: eggs fell 39.2%, butter 5.8%, and cheese 3.1%.
- The USDA data used by President Trump comes from a private firm, Circana, whose detailed data is not fully public.
- Rising grocery prices remain a key issue for Americans and affect President Trump’s approval ratings ahead of midterm elections.
- Newsweek contacted relevant agencies and the White House for comment but has not verified Trump’s specific figures independently.
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