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President Trump's claims about progress under his watch are at odds with his government's own statistics and the experience of price-squeezed Americans. Inflation numbers are about where they were when he took office, despite his claim of rapid progress. The consumer price index was 3% in September, the same rate as in January, and Americans have noticed higher prices for groceries, electricity, and holiday gifts. Biden-era inflation peaked at 9.1% in June 2022, but Americans have experienced worse and more sustained inflation in the past.

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