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CNN Concedes Economic Gains Under Trump as Inflation Report Shows Improvement

Shwe Yi
Published on 2025-08-12 23:40:00
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CNN Concedes Economic Gains Under Trump as Inflation Report Shows Improvement

President Trump's Economic Strategy Shows Promising Results

President Donald Trump's 'America First' economic strategy is proving effective, particularly in recent inflation data. Even CNN, known for leaning away from favorable coverage of Trump, was compelled to acknowledge improvements in the cost of groceries and energy compared to the Biden administration period.

White House Highlights Economic Improvements

During Tuesday's White House press briefing, Press Secretary Karoline Leavitt emphasized trusting Trump's economic policies, citing the July inflation report that highlights wage growth and stable prices under his leadership.

Key Economic Indicators

According to reports from Townhall.com, key indicators include a 1.9% inflation rate, a 1.3% increase in real wages, a 10% decrease in gas prices over the past year, and a 20% drop in egg prices since January.

Statements from White House Officials

Leavitt stated, "The CPI report shows inflation outperforming expectations and remaining steady. Overall inflation has averaged 1.9% annually during Trump's first half in office."

She added, "Prices for everyday necessities are ...

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