Karoline Leavitt: Tuesday’s CPI Report Confirmed Prices Are Falling and This Administration Economic Policies Are Working

EXCERPT:

LEAVITT: “Turning now to the economy. Tuesday's CPI report confirmed what President Trump predicted, prices are falling and this administration's economic policies are working. Inflation dropped 0.4 percent last month, beating expectations and marking the largest monthly decline in more than six years. Prices fell, including for gasoline, electricity, non-prescription drugs, car insurance, medical care services, and hotels, delivering relief for American working families. We also saw real weekly earnings rise in the month of June. For private sector workers, real wages have increased by roughly $1,000 since President Trump took office, after falling nearly $3,000 during the previous administration.”