{
  "id": 9792053,
  "title": "Are Your Everyday Goods More Expensive Under Trump? What the Data Shows",
  "url": "https://urgent.news/2026/09/25/are-your-everyday-goods-more-expensive-under-trump-what-the-data-shows",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T16:20:38.000Z",
  "source": {
    "name": "Newsweek",
    "slug": "newsweek",
    "url": "https://www.newsweek.com/are-your-everyday-goods-more-expensive-under-trump-what-the-data-shows-12489784"
  },
  "original_language": "en",
  "account": "Inflation has been a major concern for Americans since the COVID-19 pandemic, and it is a key issue in the 2024 presidential election. Inflation stands at 3.4 percent this month, exceeding the Federal Reserve's target of 2 percent, primarily due to energy costs and the Iran war's impact. Recent polls reveal that a majority of voters have lost confidence in the economy and President Donald Trump's administration.\n\nTrump's spokesperson, Taylor Rogers, told Newsweek that the president is committed to unleashing American energy dominance, cutting costs, and returning more money to hardworking American families. However, when asked about consumer spending and retail sales, the White House maintains that the economy remains resilient under Trump's economic agenda, which includes tax cuts and deregulation.\n\nThe administration argues that Americans are better off financially compared to during Joe Biden's administration. Trump highlighted on Truth Social that gas prices were much higher under Biden than under Trump, along with most other prices. To compare prices for everyday items across both presidencies, Newsweek utilized Bureau of Labor Statistics (BLS) data from the St. Louis Federal Reserve.\n\nIn the chart comparisons, both presidencies experienced significant price increases in specific goods, which became focal points in the economy and politics. Beef and coffee prices have risen the most during Trump's second term. However, egg prices have dropped by over 50 percent since January 2025 when Trump returned to office, whereas they tripled between January 2021 and January 2025 under Biden. Prior to that, egg prices had already tripled from January 2021 to January 2025 during Biden's administration, with beef prices climbing as well, albeit at a relatively steady rate despite the inflation surge following Russia's invasion of Ukraine on February 24, 2022.\n\nPrices were already on the rise when Biden took office, as the economy continued to recover from the pandemic. Inflation reached over 9 percent by June 2022 due to the war in Ukraine causing global supply chain disruptions and soaring energy costs. Despite Trump's claims, all nine goods were, on average, nominally cheaper under Biden. However, direct price comparisons have the caveat that prices were, on average, lower during the Biden administration due to inflation. According to the Labor Department's Consumer Price Index (CPI), prices have increased by approximately 28 percent since January 2021. To determine outliers, only prices that have risen more than 28 percent are considered, making products that rose by less seem cheaper in real terms when accounting for broader inflation.",
  "summary": "President Donald Trump has argued that \"almost all\" goods are now cheaper than during the Biden administration.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}