The White House said June Consumer Price Index figures show core inflation continuing to undershoot analyst projections, extending a streak that has persisted since President Donald Trump took office in January. Core CPI is running at an annualised 2.1 percent, a level last seen during Trump’s first term, according to administration talking points disseminated on Tuesday. Headline CPI is rising at a 1.8 percent pace, while real wages for production and nonsupervisory workers are up 1.3 percent from a year earlier, the White House added. Officials argue the data demonstrate that the administration’s trade tariffs and energy policies have not rekindled price pressures and are instead contributing to what they call “stable inflation.”
Every month since President Trump took office, core inflation has matched or beat expectations. That’s no accident — it’s the result of: ✅Pro-growth, pro-worker policy ✅ Energy independence ✅ Tariff pressure on China ✅ No more Biden-era spending sprees The Panicans were
The media is running with “2.7% inflation” — but that’s the headline number. Here’s the real story under President Trump: - Core inflation beat expectations again - Running at just 2.1% — levels not seen since Trump’s first term - Real wages up 1.3% for working Americans - https://t.co/SLXQ5XyFwg
Under President Trump, America continues to beat back inflation after years of Biden-induced price hikes. ⤵️ 🎯 June data confirms inflation is on track ✅ Core inflation beat expectations for another month 💰 Wages are BOOMING for American workers 📉 Prices continue to fall https://t.co/MIVyLK9sRv