Washington
Cnn
–
President Donald Trump falsely said this week that the prices of the grocery store “drop” and “are down”. In fact, the prices of the grocery store continued to increase under Trump – and they have passed before it was even imposed almost global prices of 10% earlier this month.
Trump made the latest version of the false assertion while denunciation The president of the federal reserve Jerome Powell on Thursday. Powell had warned In Wednesday’s public remarks that Trump’s pricing policies should lead to slower economic growth and higher inflation.
Asset wrote On social networks on Thursday, Powell should have reduced interest rates “a long time ago” and should do it now, As the European Central Bank did Thursday.
Trump’s argument: “Oil prices are declining, grocery stores (even eggs!) Are down and the United States becomes rich on prices.” He had in the same way claimed On social networks on Tuesday that the United States has high pricing income “with the cost of almost all the products that lower, including petrol, grocery store and almost everything else.”
But the prices of the grocery store are not broken down or go down.
The average grocery prices were around 2.41% higher in March 2025 than in March 2024, Consumer price index data show. It was the highest grocery inflation rate on the other since August 2023.
And the prices of the average grocery store in March 2025 increased by approximately 0.49% compared to February 2025. It was the highest grocery inflation rate from one month to the other since October 2022.
Month to month The inflation of the grocery store was quite low in February 2025, with average prices essentially the same as in January 2025. Le Bond in March 2025, however, meant that the average prices of grocery store last month were approximately 0.49% higher than in January 2025, the month that Trump came into office. (It is possible that prices in certain special grocery stores fell under Trump.)
And this increase in average grocery prices occurred before Trump imposed prices of 10% in early April on imports of most countries (especially except Goods from the main agricultural business partners in Canada and Mexico who comply with the Trump USMCA agreement).
These 10% prices are certain to increase the prices of the grocery storeAlthough it is not clear by how much. Prices would probably increase more if Trump reimposed higher prices than it break for 90 days A few hours after their briefly entered into force in early April.
Evaluate Trump’s other statements in social networks publications
We will briefly assess the other Trump’s claims on inflation in the two publications on social networks this week.
It is true that oil prices have to come down From Trump has returned to functions. But Trump did not mention that many analysts say This drop is partly linked to concern The fact that the tariff wars he initiated will slow down the world economy and therefore reduce the demand for oil.
Retail gas prices in the United States have dropped slightly so far this month About $ 3.17 Gallon Thursday. But prices increased slightly since Trump returned to the White House on January 20, while the national average was about $ 3.12 per gallon.
The prices of eggs at retail increased under Trump in the middle of an avian flu epidemic, struck A new summit of around $ 6.23 per dozen on average in March – approximately 25.7% more than the average in January. However, large egg prices have strongly refused since the end of FebruaryIt is therefore possible that egg prices paid by consumers are decreasing this month.
Trump has at least one point of data to cite as proof of his assertion that overall consumption prices dropped: there was a small decline In overall prices in March 2025 compared to February 2025, around 0.05%, on a seasonal adjusted basis. But that too was before Trump imposed his prices at 10% in early April. And even in March, prices were approximately 0.17% more on a seasonal basis than in January 2025 and around 2.41% higher than in March 2024.