Overview
- The White House published a Nov. 10 post citing DoorDash’s State of Local Commerce report to assert that inflation is tamed and everyday prices are beginning to drop, highlighting declines in selected baskets such as a “Breakfast Basics Index.”
- Government data for the latest available month show annual inflation near 3% with food-at-home up roughly 2.7% year over year and increases in categories including electricity, housing and meats, contradicting claims that prices are broadly lower.
- Treasury Secretary Scott Bessent and NEC Director Kevin Hassett said on Sunday shows that prices are leveling off or down, even as polls find most Americans report paying more for groceries and the partial federal shutdown has delayed some fresh data releases.
- President Trump promoted a claim that a Walmart Thanksgiving meal is 25% cheaper than last year, which analysts say reflects a smaller basket with more store-brand substitutions rather than a genuine drop in comparable prices.
- Trump directed the Justice Department to probe meatpacking companies for alleged collusion and price manipulation as beef and broader meat prices have climbed, a response unfolding after off-year election losses where voters emphasized affordability.