Credible evidence contradicts the statement. Learn more in Methodology.
The inflation measure referenced in the December 2025 report (e.g., CPI or the measure the statement relies on) shows a rate in December 2025 that is lower than any month in the roughly five years prior to December 2025.
Official data do not support the claim that U.S. inflation is at its lowest level in nearly five years as of early January 2026.
The most recent Consumer Price Index release (for November 2025) shows 12‑month headline CPI inflation at 2.7% and core CPI (all items less food and energy) at 2.6%, both higher than multiple readings below 2.6% within the last five years, particularly in 2020–2021 (for example, CPI inflation around 1–2% in 2020 and early 2021). Similarly, the Federal Reserve’s preferred measure, the PCE price index, was rising at about 2.8% year‑over‑year as of September 2025, also above levels seen in 2020–2021. Given that standard, widely used inflation measures were clearly lower than current levels at several points in the last five years, the statement that inflation is at its lowest level in nearly five years is not accurate.
Verdict: False, because headline and core inflation measures from BLS (CPI) and BEA (PCE) are both higher than multiple readings over the previous five years, so they are not at their lowest levels of that period.