Fact-checking President Trump's economic speechPublished at 11:48 GMT
Lucy Gilder
BBC Verified Senior Journalist
Last night, US President Donald Trump spoke in Pennsylvania about the cost of living, a key concern for US voters. He is expected to make further speeches on the economy in the run-up to the 2026 midterm parliamentary elections.
Below are three claims that I fact-checked from his address.
Regarding his administration's cost of living performance, President Trump said, “Egg prices have fallen 80% since March.'' According to the latest figures released by the U.S. Bureau of Labor Statistics, consumers paid an average price of about $3.48 (2.61 pounds) for 12 eggs in September 2025., external , external(BLS), external.
This is almost half of its all-time high of $6.23 in March 2025, so the decline is not as great as Mr. Trump claims.
Trump said at the end of his speech that under his leadership “inflation has stopped,” but the latest statistics show prices are still rising.
Bureau of Labor Statistics, external According to (BLS), the consumer price index rose 3% in the 12 months that ended in September.
This is the same rate recorded in January 2025, when Trump returned to office for a second term.
Inflation under former President Joe Biden peaked at 9% in June 2022, at a time when other countries were also seeing high inflation related to the coronavirus pandemic and global energy shocks.
President Trump also reiterates his claim that his administration “inherited the worst inflation in our nation's history,” BLS statistics show. , externalIn the past, for example in the 1920s, this percentage was significantly higher.
