President Trump recently asserted that the cost of many basic food items, including cheese, butter, potatoes, and fruit, is lower today than when he initially took office. He specifically highlighted that egg prices are down 60% and beef is “starting to come down.” The president attributed some of the past issues, particularly with cattle, to “environmental reasons” and what he called “sick people” who wanted less livestock.
However, these claims don’t quite align with what many Americans are seeing at the grocery store. Per CNBC, federal data indicate that food costs have been on a steady upward trend. For example, all food is about 19.6% more expensive now than it was in January 2022. That means a $100 grocery bill from a few years ago would set you back around $119.60 today.
