Trump says he ‘solved’ inflation. Americans may think otherwise

President Donald Trump is declaring inflation dead. Do most Americans — and data — agree?

During an appearance on Fox News early Friday, Trump claimed that he “already solved” inflation.

“Costs are down. Look at energy costs. You’re going to have $2 gasoline pretty soon,” Trump said on “Fox & Friends,” adding, “I’ve solved just about every problem.”

But according to recent polling, most Americans may tell a different story.

A recent NBC News poll revealed that inflation and the cost of living are top economic concerns. The poll found that 43% of respondents approve of Trump’s overall job performance and 57% disapprove — with his lowest marks stemming from the U.S. economy. Per the poll, just 39% of Americans support his handling of inflation, while 61% stand in opposition.

A YouGov poll, released earlier this month, found inflation as the reigning issue among all Americans. According to the poll, respondents — including Democrats, independents and Republicans — were most likely to name inflation and prices, at 24%, as well as jobs and the economy, at 14%, as their most important issues.

When the results are broken down by political affiliation, 18% of Democrats, 28% of independents and 26% of Republicans named inflation as number one.

A new poll from Cygnal, a private polling firm, also found that Americans blame Republicans more than Democrats for inflation. While nearly half of Americans, or around 46.3%, blamed Democrats for inflation last year, the number has dropped 10 percentage points as of this month. Republicans have taken on more of the blame, rising from 25.5% to 39.6% in the same period.

Despite these findings, the poll noted that the GOP still “maintains an edge” over Democrats on major issues when looking ahead to the 2026 midterms.

More generally, a Fox News poll from Thursday showed that most voters believe the Trump administration has made the economy worse (52%) than better (30%). It is the reverse of eight years ago during the president’s first term, the poll said, but follows the same sentiment of how voters felt during former President Joe Biden’s administration.

Meanwhile, the data could also suggest otherwise. The U.S. Bureau of Labor Statistics announced Thursday that the consumer price index posted a seasonally adjusted 0.4% gain for August, which is the biggest increase since January. The annual inflation rate rose to 2.9% — up a 0.2 percentage point from July, and the highest figure since January.

The report showed that egg prices mainly remained level, but are still around 11% higher compared to last year. The price of coffee, however, has climbed by 20% over the past year, according to the data, and housing costs ticked up 0.4%.