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President Donald Trump celebrated lower gas and grocery prices for Americans on Wednesday, highlighting the nation’s lower inflation since his return to the White House.
The president shared the update in a Truth Social post on Tuesday night as part of his “promises made, promises kept” approach.
“The United States is taking in RECORD NUMBERS in Tariffs, with the cost of almost all products going down, including gasoline, groceries, and just about everything else. Likewise, INFLATION is down. Promises Made, Promises Kept!” he wrote.
In a positive shift for drivers, the national average price of gasoline has dropped for the first time in nearly a month, falling 7 cents from last week to $3.13 per gallon, according to GasBuddy. The decline follows a stretch of rising prices, leaving the current average 7.8 cents higher than a month ago but 46.9 cents lower than this time last year.
While not all food prices are lower for Americans, egg prices have declined nationwide following soaring prices over the past year.
“The average nationwide price of a dozen eggs decreased by about a quarter in March, according to data from consumer research firm NIQ. But at $6.27 for a dozen, the cost of eggs is still up 75% in the last 12 months,” NBC News reported last week.
Overall inflation has also declined nationally, though it remains higher than the Federal Reserve’s target. The Consumer Price Index (CPI) for March 2025 shows a 2.4 percent increase over the previous year, reports CNBC.
This is a decrease from the 2.8 percent reported in February 2025. While the overall inflation rate is down, the core inflation rate, which excludes food and energy prices, also decreased.
Council of Economic Advisers Chair Stephen Miran recently noted, “That core inflation print, on an annual basis, was the lowest core inflation print since March of 2021, so President Trump’s policies are working at keeping inflation at bay, keeping inflation down. Between that and what’s going on with trade — America is back.”
The positive changes have all occurred within less than 100 days of Trump’s return to office. Many of his financial efforts are still underway, including tariffs, which have faced controversy but have led to new announcements of companies investing in America.
