{"id":734128,"date":"2026-08-11T03:14:41","date_gmt":"2026-08-11T03:14:41","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/734128\/"},"modified":"2026-08-11T03:14:41","modified_gmt":"2026-08-11T03:14:41","slug":"trump-predicts-the-future-and-claims-he-will-have-the-lowest-inflation-of-all-presidents-for-the-rest-of-his-term","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/734128\/","title":{"rendered":"Trump predicts the future and claims he will have the lowest inflation of all presidents for the rest of his term"},"content":{"rendered":"<p>Your support helps us to tell the story<\/p>\n<p class=\"sc-1uza6dc-0 iOIawn\">From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it&#8217;s investigating the financials of Elon Musk&#8217;s pro-Trump PAC or producing our latest documentary, &#8216;The A Word&#8217;, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.<\/p>\n<p class=\"sc-1uza6dc-0 iOIawn\">At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.<\/p>\n<p class=\"sc-1uza6dc-0 iOIawn\">The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.<\/p>\n<p>Your support makes all the difference.Read more<\/p>\n<p>President Donald Trump believes that <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.independent.co.uk\/news\/world\/americas\/us-politics\/trump-approval-inflation-biden-carter-b3015536.html\">cumulative inflation under his second term<\/a> will be the lowest of the past six administrations \u2013 despite persistently high prices that his administration continues to struggle with.<\/p>\n<p>The president <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/117067399388398239\">posted an infographic on Truth Social Sunday <\/a>showing cumulative inflation rates for each of the last six administrations, measuring the total percentage change in consumer prices over four years under each president.<\/p>\n<p>At the top is former President Joe Biden, who saw a cumulative inflation rate of 21.20 percent over the four years he was in office. <\/p>\n<p>At the bottom of the chart sits <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.independent.co.uk\/us\/money\/inflation-report-may-trump-iran-b2993197.html\">Trump\u2019s second administration with a 4.71 percent inflation rate<\/a> \u2013 however, the data is incomplete because Trump is only 18 months into office. The president pointed that out in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/117067400225404799\">separate Truth Social post.<\/a><\/p>\n<p>When examining cumulative inflation at the 18-month mark of each presidential term, Trump\u2019s second term has the fourth-highest inflation rate.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/2289201736...jpeg\"  loading=\"lazy\" alt=\"President Donald Trump appeared to flex that his second term had lower cumulative inflation than past presidencies \u2013 though it\u2019s missing six months of data\" class=\"sc-1mc30lb-0 ggpMaE inline-gallery-btn\"\/>President Donald Trump appeared to flex that his second term had lower cumulative inflation than past presidencies \u2013 though it\u2019s missing six months of data (Getty)<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.mediaite.com\/politics\/trump-shares-wildly-deceptive-chart-making-his-inflation-numbers-seem-dramatically-better-than-they-are\/\">Mediaite<\/a> was the first to report on the Truth Social post. <\/p>\n<p>Though Trump ran on a platform to lower everyday costs, in part by lowering inflation, the president has struggled to maintain that promise because his war with Iran has pushed consumer prices up. <\/p>\n<p>The ongoing conflict in the Middle East has disrupted global trade and shipping in the Strait of Hormuz, causing gas and oil prices to rise. As of August 10, <a rel=\"nofollow noopener\" data-affiliate=\"true\" target=\"_blank\" href=\"http:\/\/go.redirectingat.com\/?id=44681X1458326&amp;xcust=b3030441&amp;url=https%3A%2F%2Fgasprices.aaa.com%2F&amp;sref=\/news\/world\/americas\/us-politics\/trump-future-inflation-presidents-b3030441.html\">Americans are paying, on average, $4 per gallon<\/a> of regular gasoline.<\/p>\n<p>Between June 2025 and June 2026, consumer prices rose 3.5 percent overall. <\/p>\n<p>Rising costs have <a href=\"https:\/\/www.independent.co.uk\/news\/world\/americas\/us-politics\/trump-republican-support-low-approval-rating-poll-b3024222.html\" rel=\"nofollow noopener\" target=\"_blank\">reflected poorly on the Trump administration. <\/a><\/p>\n<p>In a<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.foxnews.com\/politics\/fox-news-poll-voters-want-major-change-amid-economic-political-discontent\"> July Fox News poll<\/a> of 1,003 people, just 24 percent said they approved of Trump\u2019s handling of the economy.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-10-at-10-07-20-AM.png\"  loading=\"lazy\" alt=\"Trump posted an infographic on Truth Social, seemingly flexing that cumulative inflation under his second term is lower than any of the past six administrations \u2013 however, it used incomplete data from Trump's current term\" class=\"sc-1mc30lb-0 ggpMaE inline-gallery-btn\"\/>Trump posted an infographic on Truth Social, seemingly flexing that cumulative inflation under his second term is lower than any of the past six administrations \u2013 however, it used incomplete data from Trump&#8217;s current term (realDonaldTrump\/ Truth Social)<\/p>\n<p>Just 33 percent of people said they felt they were \u201cliving comfortably\u201d in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/today.marquette.edu\/2026\/08\/new-marquette-law-school-poll-national-survey-finds-inflation-and-cost-of-living-the-most-important-issue-economy-next-most-important\/\">recent Marquette Law School poll<\/a> \u2013 a 7 percentage point decrease from the number of people who said they were living comfortably in January. <\/p>\n<p>Yet, Trump has consistently tried to insist that he\u2019s bringing costs down. <\/p>\n<p>While<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=ZgYleK0fJVs\"> delivering remarks in Michigan last month<\/a>, the president said that \u201cinflation dropped by the largest amount in more than six years, because we\u2019re doing it right\u201d<\/p>\n<p>\u201cThey tried to blame high prices on me,\u201d Trump told rally-goers. <\/p>\n<p>While Trump is correct that inflation dropped quickly in June, his statement excludes some key context. <\/p>\n<p>The decrease in inflation in June came after months of increases largely attributed to higher oil and gas prices due to the Iran war. The U.S. and Iran were following a ceasefire agreement in June \u2013 which subsequently fell apart in July. <\/p>\n<p>Inflation was also still <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bls.gov\/charts\/consumer-price-index\/consumer-price-index-by-category-line-chart.htm\">higher in June 2026<\/a> than it was at the start of Trump\u2019s second term in January 2025.<\/p>\n<p>The infographic, posted by the president, appears to have originated from an <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DbyKC7kxTZq\/\">Instagram account called Yung Geeski. <\/a><\/p>\n<p>Lara Trump, the president\u2019s daughter-in-law, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.instagram.com\/laraleatrump\/reel\/Db03DB9NPWp\/\">re-posted the infographic on Instagram <\/a>earlier Sunday, calling it a \u201cgreat chart\u201d and including the caveat that the information was incomplete for Trump\u2019s second term.<\/p>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The&hellip;\n","protected":false},"author":2,"featured_media":733222,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-734128","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/734128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=734128"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/734128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/733222"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=734128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=734128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=734128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}