Are Your Everyday Goods More Expensive Under Trump? What the Data Shows
"So were almost all other prices."...Are 'Almost All' Things Cheaper Now?Newsweek compared prices for a basket of everyday items across both presidencies using Bureau of Labor Statistics (BLS) data collected by the St. Inflation soared to more than 9 percent by June 2022, however, as the war in Ukraine led to global supply chain disruptions and ballooning energy costs.Contrary to Trump’s remarks, all nine goods were, on average, nominally cheaper under Biden. But direct sticker-price comparisons come with the caveat that prices were, due to inflation, on average lower during the Biden administration.Prices, as measured by the Labor Department’s Consumer Price Index (CPI), have risen around 28 percent overall since January 2021.
- ▪"So were almost all other prices."...Are 'Almost All' Things Cheaper Now?Newsweek compared prices for a basket of everyday items across both presidencies using Bureau of Labor Statistics (BLS) data collected by the St.
- ▪Inflation soared to more than 9 percent by June 2022, however, as the war in Ukraine led to global supply chain disruptions and ballooning energy costs.Contrary to Trump’s remarks, all nine goods were, on average, nominally cheaper under Bi
- ▪But direct sticker-price comparisons come with the caveat that prices were, due to inflation, on average lower during the Biden administration.Prices, as measured by the Labor Department’s Consumer Price Index (CPI), have risen around 28 pe
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| Canonical URL | https://www.newsweek.com/are-your-everyday-goods-more-expensive-under-trump-what-the-data-shows-12489784 |
| Publication time | Fri, 25 Sep 2026 12:20:38 -0400 |
| Retrieval time | 2026-09-25T18:03:45.858Z |
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By Hugh CameronReporter0ShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.Inflation has remained a key concern among Americans since the COVID-19 pandemic, and its centrality to the 2024 presidential election has meant rising prices and affordability issues more generally are in focus for lawmakers and political strategists heading into the November midterm elections.With inflation running higher—3.4 this month, according to the Bureau of Labor Statistics—than the Federal Reserve’s long-term target of 2 percent—due in large part to energy increases and other impacts from the Iran war—polls continue to show that Americans have waning confidence in the economy and the…
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