Are prices really dropping in the US, as Trump claims? (opens original article in a new tab)

US President Trump claims economic improvements including dropping prices, but experts and data show prices remain high, job growth is mixed, and stock market performance does not reflect overall economic health.

• Trump claims prices are dropping in the US, but experts say prices remain high and will not return to prewar levels until late 2027.
• Petrol prices have decreased from a May high but are still above pre-war levels, with supply chain issues expected to keep costs elevated.
• Consumer inflation is at 4.2 percent, with supermarket prices rising despite some retailers cutting prices on thousands of products.
• Jobs added in May were 172,000, below the highest during Trump's term and lower than average job growth under his predecessor.