The Republican National Committee

Republican National Committee Logo
April 10, 2025 | Rapid Response
Economy

Inflation Drops as the Trump Economy Soars

Rapid Response

Inflation is down and President Trump is beating expectations, yet again.

This morning’s Consumer Price Index report revealed that inflation fell to 2.4% in March, tied with the lowest it’s been in five years.

  • Prescription drug prices saw the largest monthly decline, falling 2%.
  • Prices for plane tickets, used vehicles, and car insurance all decreased.
  • Energy prices fell 2.4% in March, thanks to cheaper gas prices across the country.

This is the second time in recent days that President Trump has surpassed expectations and delivered for American workers. Last week, the jobs report came in much higher than expected – adding a total of 228,000 jobs in March, including good paying jobs in blue-collar industries.

We told you President Trump would continue to beat expectations. And while he’s at it, he’s erasing Joe Biden’s terrible economic legacy. That’s something we can all celebrate.