Overview

• CNN analyst Harry Enten’s aggregate of recent surveys finds President Trump 25 points underwater on the issue of inflation, marking a steep reversal from last year’s nine-point advantage.
• Polling shows Democrats now lead Republicans by one point on which party voters trust more to manage inflation after the GOP held a double-digit lead in October 2022.
• Inflation remains the top voter concern with 34 percent identifying it as their primary issue, compared with 16 percent for the broader economy and 14 percent for Medicare and Social Security.
• Latest data from July show the consumer price index rose 2.7 percent and key consumer goods such as ground beef, furniture and appliances saw price increases between 0.9 and 2.4 percent.
• Analysts warn that if the current trend of declining GOP trust on inflation persists through the 2026 midterms, Republicans face a significant risk of losing control of the U.S. House of Representatives.