inflation was lower at the beginning of Donald Trump's second term than it is today
SupportedChris Pappas, at New Hampshire U.S. Senate General Election Debate (WMUR)
7:13 pmWhy this verdict View evidenceHide evidence
Why we checked itSpecific factual assertion about inflation levels that can be verified against economic data; if wrong, it materially misleads voters about Trump's economic record
What we foundInflation was 3.0% year-over-year when Trump's second term began in January 2025; the most recent reading (September 2026) is 3.7%, confirming the claim that inflation is higher today than at the start of his term.