Trump says inflation is dead. Most data says: Not quite.

 https://www.washingtonpost.com/business/2025/10/20/trump-inflation-elevated/

President Donald Trump says he beat inflation. But several conventional measures of rising prices paint a different picture.

Most experts agree inflation has picked up in recent months, in part because of Trump’s tariffs. Economists expect more tariff-driven price increases in the months to come.

When Trump took office in January, the consumer price index had increased to 3 percent over the previous year. In August, that same index showed inflation has barely budged, remaining at 2.9 percent, the most recent available data.