Was Trump right about beef prices?published at 05:37 GMT
05:37 GMT
By Tom Edgington
Trump talked about affordability his speech, with Trump claiming his policies were rapidly ending high prices.
One of the items he listed was beef, where he said the price “is starting to come down significantly”.
According to the official inflation figures, external, beef prices fell between December and January, but they remain much higher compared to 12 months ago.
The category “beef and veal” shows that prices increased 15% in the 12 months to January 2026, but fell by 0.9% between December 2025 and January 2026.
Other items which also increased in price over the past 12 months include coffee, at 18.3%, and frozen fish and seafood, 8.5%.
Overall grocery prices increased 2.1% in the 12 months to January 2026.
But not everything has increased. Egg prices – which were also mentioned by the president – fell by 34.2% over the past 12 months.
Other items that have fallen in price over the same period include butter, -5%, tomatoes, -2.4%, and fresh whole chicken, -1.3%.