Donald Trump took care of inflation.

Said by Donald Trump, Nov 3, 2025Checked Nov 4, 2025

Polygraph verdictTrue

Sources: 7 support
Said: 1 time·
Confidence: 90%

The Charlie Kirk ShowAug 5, 2026

During Donald Trump's presidency, inflation remained low and stable, with an average annual rate between 1.9% and 2.3%, and a modest decline from when he took office.

What was said

… What do I what are my felt realities? And we could tell people they have to cook their own burritos, and they need to cook from home all they want, but at the end of the day, things are expensive, and that's not necessarily Trump's fault. I think he deserves a lot of credit for bringing inflation back down, especially when you're navigating the complexities of the Iran war, but the felt situation for many young people, especially, is that we just are not getting what we hoped we would get. And maybe those expectations were unrealistic, but that is a lived experience, and that it has political ramifications. …

The Charlie Kirk Show · Aug 5, 2026· from the transcriptPost →

What we found

Supports. Multiple sources indicate that inflation remained in check during Donald Trump's four years in office.[1][2][3][4]

Supports. The average annual inflation rate during Trump's presidency was approximately 1.9% to 2.3% according to the Consumer Price Index.[5][6]

Supports. The inflation rate showed a modest decline, from 3% when Trump took office to 2.4% for the 12 months ending in May of a later year.[7]

Context. Donald Trump cited increased energy production, particularly drilling for oil and natural gas, as a key factor in bringing down energy prices and overall inflation.[1]

Context. While inflation was low and stable during his term, Trump's specific claim of 'no inflation' was incorrect.[5]