Fact Check: Is Inflation “Plummeting” in 2026 as Trump Claims?

Media Bias Fact Check (MBFC) publishes daily vetted fact checks from verified IFCN-approved sources. Each claim is independently reviewed for accuracy and context.

Claimant: President Donald Trump (R)

Claim: “Inflation is plummeting.”

Rating: MISLEADING

Explanation: Year-over-year inflation in January 2026 was approximately 2.4%, down from 2.9% when Trump took office and far below the 2022 peak. Inflation has eased, but data do not support the characterization that it is “plummeting.”

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Date: 03/01/2026

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Last Updated on March 1, 2026 by Media Bias Fact Check

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