Sunday, 26 Oct 2025
Hot News
If JP Morgan’s ‘Healthy Correction’ Is Coming, 6 Investor Moves to Remember
MLS Cup Playoff Predictions: Can Messi Guide Inter Miami Out the First Round?
RSF drones target Sudan’s Khartoum in fourth day of sustained attacks | News
DHS Urged to Re-Vet Legal Immigrants from ‘High-Risk Regions’ Under Biden After Feds Gave Visa to Alleged Hamas-Linked Terrorist
Here’s a narrative-style life journey article about Carola G. Makeup celebrating her path, artistry and vision.
Get Fast News Updates – Stay Ahead with USA Blogger
  • Home
  • Business
    • Realtor
    • CEO
    • Founder
    • Entrepreneur
    • Journalist
  • Health
    • Doctor
    • Beauty cosmetics
    • Plastic Surgeon
  • Entertainment
  • Sports
    • Coach
    • Athlete
    • Fitness trainer
  • Life Style
  • 🔥
  • USA News
  • International News
  • Politics News
  • Cryptocurrency
  • Technology
  • Travel
Font ResizerAa
Get Fast News Updates – Stay Ahead with USA BloggerGet Fast News Updates – Stay Ahead with USA Blogger
  • Home
  • USA
  • International
  • Business
  • Crypto
  • Economy
  • Entertainment
  • Health
  • Life Style
  • Politics
  • SocialMedia
  • Sports
  • Technology
  • Travel
Search
  • Home
  • USA
  • International
  • Business
    • Realtor
    • CEO
    • Founder
    • Entrepreneur
    • Journalist
  • Crypto
  • Economy
  • Entertainment
  • Health
    • Doctor
    • Plastic Surgeon
    • Beauty cosmetics
  • Life Style
  • Politics
  • SocialMedia
  • Sports
    • Athlete
    • Coach
    • Fitness trainer
  • Technology
  • Travel
Follow US
©2025 USA Bloger . All Rights Reserved.
Get Fast News Updates – Stay Ahead with USA Blogger > Blog > Business > Trump says petrol and grocery prices are down. Facts say otherwise | Business and Economy
Business

Trump says petrol and grocery prices are down. Facts say otherwise | Business and Economy

Robert Adams
Robert Adams
Share
SHARE

The president of the United States said incorrectly that gasoline prices and eggs had fallen while housing sales were good.

The president of the United States, Donald Trump, said that housing, gasoline and prices of groceries are decreasing. However, current data does not fully admit any of these statements.

In Thursday’s oval office, the president, when asked about housing sales and if it was an economic indicator that worries him, he said they were very good numbers in the house.

However, according to a report by the National Association of Real Estate Agents (NAR), to which the journalist who asked him the question, the sales of existing housing are moving at their slower pace since 2009, and fell 5.9 percent in March of Earlyrier.

“The mobility of residential housing, currently in historical minimums, points out the problematic possibility of less economic mobility for society,” said Nar Lawrence Yun economist in a public statement.

Trump mentioned that energy prices have dropped to $ 1.98 in some states. Although he did not specify the type of energy, his comments closely reflected the comments he made last week. At that time, he cited gasoline prices specifically.

According to AAA, which monitors national gas prices, the lowest registered average was $ 2.70 per gallon ($ 0.71 per liter) last week in Mississippi. This week, Mississippi reported the lowest average price of gasoline again, but this time at $ 2.68 ($ 0.70 per liter). Buddy gas data, which tracks prices in individual service stations, found that the prices of the lowest individual stations are $ 2.33 per gallon (0.62 per liter), even above the figure mentioned by the President.

The average national gasoline price is currently $ 3.17 per gallon ($ 0.84 per liter). While that reflects an increase of five cents compared to last month, it is a decrease of $ 3.60 ($ 0.95 per liter) at this time last year. The president correctly pointed out that gasoline prices are down, although not to the extent that he suggested.

According to the last report of the Labor Department, general energy prices decreased by 2.4 percent in the last month, largely due to the fall in gas prices. This decrease helped compensate for increases in natural gas and electricity costs. Oil prices have also generally decreased as Trump Tok’s office, predominantly thoroughly of the economic uncertainties caused by Trump’s tariff threats.

In his comments, Trump also declared that the prices of the groceries are decreasing. Recent data does not support this statement. According to the Labor Department, food prices increased by 0.4 percent from last month and rose 2.4 percent compared to the previous year. Price increases were observed in four out of six categories of main groceries.

The eggs, which according to the president had dropped in price, real saw an increase of 5.9 percent last month. Year after year, egg prices rise more than 60 percent. The meat index increased by 1.2 percent, and dairy prices increased by 4 percent. However, fruits and vegetable prices decreased slightly, falling by 0.5 percent.

You Might Also Like

Naidu bets big on Andhra’s blue economy, announces mega coastal infrastructure push

Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows

Arsenal vs PSG – UEFA Champions League: Start time, team news, lineups | Football News

Industry Veteran Angel Martinez Makes Footwear Comeback as Co-CEO of Oofos

UIDAI waives Aadhaar Biometric update charges for children aged 7–15

Share This Article
Email Copy Link Print
Previous Article What is the US strategy in the Ukraine war? | Russia-Ukraine war
Next Article Cam Ward contract: How much the expected No. 1 pick will earn in salary, signing bonus, and other money

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
InstagramFollow

Popular Posts

Russia-Ukraine war: List of key events, day 1,195 | Russia-Ukraine war News

Struggle Ukrainian officials said that at least five people were killed for fighting and bombing…

By
Nora Sutton

Fact check: Trump lies about the price of eggs, groceries and gas

Gas. Groceries. Eggs. Over the last week, President Donald Trump has lied about the price…

By
Olivia Martinez

Aaron Rodgers Sparks Wedding Rumors With Ring on Left Finger

Did Aaron Rodgers Walking silently down the hall? The 41 -year -old NFL field marshal,…

By
Sophia Harris

You Might Also Like

Business

Canadian voters appear on track to rebuke Trump’s trade war | Business and Economy News

By
Robert Adams
Business

Russian general killed by car bomb just outside Moscow; murder probe launched

By
Robert Adams
Business

How to Start a Delivery Business

By
Robert Adams
Business

China’s LandSpace launches improved methane-powered rocket

By
Robert Adams
Get Fast News Updates – Stay Ahead with USA Blogger
USA
  • International
  • Politics
  • Crypto
  • Technology
  • Travel
  • Entertainment
Business
  • CEO
  • Entrepreneur
  • Founder
  • Journalist
Health
  • Doctor
  • Plastic Surgeon
  • Beauty cosmetics
  • Life Style
Sports
  • Athlete
  • Coach
  • Fitness trainer

 © 2017-2025 USA Bloger. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?