Trump Touts 3.5% June Inflation as Biggest Monthly Drop in Over Six Years

Trump Touts 3.5% June Inflation as Biggest Monthly Drop in Over Six Years

Trump credits his economic agenda as annual inflation eases to 3.5% in June, the largest monthly decline in more than six years.

Richard Miniter
First Published: July 14, 2026, 5:34 AM ET

Donald Trump said annual inflation fell to 3.5% in June, calling it the biggest monthly drop in more than six years and pointing to Labor Department data as proof of his economic agenda at work.