Fact-checking President Trump’s economy speechpublished at 11:48 GMT
Lucy Gilder
BBC Verify senior journalist
Last night, US President Donald Trump gave a speech in Pennsylvania on the cost of living, a key concern among American voters. He is expected to give further speeches on the economy in the run-up to the 2026 midterm elections for Congress.
Here are three claims I fact-checked from his address.
Speaking about his administration’s record on the cost of living, Trump said “the price of eggs is down 80% since March”. The average cost to consumers of a dozen eggs was about $3.48 (£2.61) in September 2025, according to the latest figures published by the US Bureau of Labor Statistics, external , external(BLS), external.
That’s nearly half the $6.23 price in March 2025, a record high, so the decline is not as steep as Trump claimed.
Trump said towards the end of his speech that “inflation is stopped” under his leadership, but the latest figures show prices are still rising.
The Bureau of Labor Statistics, external (BLS) says the Consumer Price Index increase 3% in the 12 months to September.
This is the same rate recorded in January 2025, when Trump returned to office for his second term.
Inflation under former President Joe Biden did peak at 9% in June 2022, a time when other countries saw high inflation linked to the Covid pandemic and a global energy shock.
Trump has also repeated his claim that his administration “inherited the worst inflation in the history of our country” but BLS figures show , externalit has been significantly higher in the past, for example in the 1920s.
