President of the United States
04/10/2025 | News release | Distributed by Public on 04/10/2025 07:41
America Is Back — But Inflation Is Not
Today's new Consumer Price Index reveals inflation fell to 2.4% in March, smashing expectations for the second straight month - and the first drop in consumer prices in several years.
CNN's coverage noted: "This was actually a DROP of .1% - that's the first time we've seen that since COVID. Year-over-year, the annual inflation rate was at 2.4%. This was also better than expected and a six-month low, moving in the right direction."
Under President Trump, America is back - but inflation is not.
President Trump is making good on his promise to deliver lower costs for Americans, with prices for everyday goods seeing across-the-board declines.
- Prescription drug prices saw the largest monthly decline on record.
- Prices for airfare, used vehicles, and car insurance all decreased.
- Energy prices fell 2.4% in March, driven by plummeting gas prices across the country.
As President Trump pursues the largest tax cuts in history, an unprecedented deregulatory agenda, and a manufacturing boom, the American economy is poised to prosper like never before.
President of the United States published this content on April 10, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 10, 2025 at 13:41 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]