Trump scores another achievement: inflation drops and wages rise in the United States

The White House celebrated this Tuesday the new economic data confirming a steady decline in inflation and an increase in the purchasing power of American workers, marking one year of the new administration under President Donald Trump.

In an official statement, spokesperson Karoline Leavitt stated that “another report confirms that President Trump has defeated the inflation crisis inherited from the Biden administration,” and that tax cuts, strategic tariffs, and deregulation policies have driven the country’s economic stability.

According to the published figures, the general inflation rate stands at 2.4%, below the inherited average of 3%, while core inflation also remains at 2.4%, compared to the 3.3% recorded during the previous term.

Bloomberg, quoted by the statement from La Casa Blanca, described the data as “a compelling sign that prices are on a downward trajectory.”

The White House attributed these results to the trade and fiscal policies implemented by Trump, which include tariffs to protect domestic production, tax cuts for working families, and a broad deregulation agenda.

According to the report, real wages in the private sector will increase by about 4% this year, which translates to an average improvement of $1,100 per worker.

The industrial sectors exhibit even greater performance: increases of $1,300 in manufacturing, $1,400 in construction, and $2,200 in mining and extraction.

"The American people are already seeing the results," declared the White House. "Wages are rising rapidly, trillions of dollars in investments are flowing into the country, and economic growth is accelerating."

Bloomberg also reported that car prices continue to decline, despite forecasts of an increase due to trade tariffs.

"That rebound simply did not happen," stated analyst Chris Anstey.

The new indicators reinforce the White House narrative about the economic recovery under Trump, which has focused its first year in office on controlling prices, boosting domestic production, and improving workers' incomes.