President Trump has made several inaccurate claims about gas prices and grocery costs since taking office. In a recent interview, he stated that gas prices had fallen to record lows in some states, but data from the Energy Information Administration shows that gas prices are actually around the same as when the president took office.
Trump also claimed that crude oil prices have dropped significantly since he began his term, citing a price of $64 per barrel. However, this is not entirely accurate, as Brent crude oil was around $80 per barrel when Trump took office and has fluctuated since then.
Moreover, Trump falsely stated that grocery prices have decreased since taking office, despite Consumer Price Index data showing an increase in average grocery costs in March. While some specific items like fresh vegetables may have seen a decline, the overall price trend for groceries is up.
Additionally, Trump claimed that egg prices had fallen by 87%, citing a hypothetical decrease at his Easter egg hunt. However, this figure is not supported by data, and wholesale egg prices are only about 52% lower than when Trump took office.
Source: https://www.cbsnews.com/news/trump-grocery-prices-gas-consumers-fact-check