THE FOLLOW UP
STATEMENT

Administration claims inflation is 70% lower than its prior peak

True

Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

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Bureau of Labor Statistics (or comparable official inflation metric) shows inflation rate is 70% lower than the peak rate identified from the previous administration.

Source summary
President Donald J. Trump issued a proclamation declaring January 20, 2026, as the National Day of Patriotic Devotion. The proclamation celebrates the administration’s first-year actions — including new border measures (a national emergency, designating cartels as terrorist organizations, resuming wall construction, reinstating Remain in Mexico, and expanded deportations), economic and energy policies, and passage of a legislative package called the "One Big Beautiful Bill." It also cites specific statistics (for example, a 92 percent drop in illegal border crossings and a 70 percent fall in inflation from a prior peak) and directs federal commitment to American interests.
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Latest fact check

Official BLS data show headline CPI‑U (12‑month change) peaked at 9.1% in June 2022. The BLS reported the 12‑month change in the CPI‑U for December 2025 was 2.7%. The decline from 9.1% to 2.7% is 6.4 percentage points, equal to about a 70.3% reduction (6.4/9.1 ≈ 0.703). Verdict: True — comparing the prior administration’s peak headline CPI (June 2022) to the December 2025 BLS figure yields roughly a 70% decline, which supports the White House statement.

Sources

Timeline

  1. Update · Jan 21, 2026, 12:44 PMTrue
    Official BLS data show headline CPI‑U (12‑month change) peaked at 9.1% in June 2022. The BLS reported the 12‑month change in the CPI‑U for December 2025 was 2.7%. The decline from 9.1% to 2.7% is 6.4 percentage points, equal to about a 70.3% reduction (6.4/9.1 ≈ 0.703). Verdict: True — comparing the prior administration’s peak headline CPI (June 2022) to the December 2025 BLS figure yields roughly a 70% decline, which supports the White House statement.
  2. Update · Jan 21, 2026, 11:07 AMTrue
    The BLS Consumer Price Index (CPI‑U) 12‑month inflation rate peaked at 9.1% in June 2022 and was 2.7% for the 12 months ending December 2025 (BLS). The decline from 9.1% to 2.7% is a fall of 6.4 percentage points, which is about a 70.3% reduction ((9.1−2.7)/9.1 ≈ 70%). Verdict: True — using headline CPI year‑over‑year rates reported by the BLS, the White House statement that "inflation is down 70 percent from its peak rate during the previous administration" is supported; other inflation measures (e.g., PCE) would yield different percentages but do not contradict this CPI‑based calculation.
  3. Original article · Jan 20, 2026
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