Trump touts June inflation drop as steepest monthly decline in six years

Trump touts June inflation drop as steepest monthly decline in six years

Trump the president said June consumer prices fell more than 67 Bloomberg-polled economists forecast, with real wages up 0.8% as gasoline, electricity and drug costs slid.

Richard Miniter
First Published: July 17, 2026, 11:44 AM ET

Donald Trump declared June’s inflation report the strongest in six years, citing broad price declines across the economy.