Annual Food at Home Inflation 3.0% 10 Year Average inflation of 2.8%

Annual Food at Home Inflation 3.0% 10 Year Average inflation of 2.8%

Trump annual Food at Home Inflation 3.0% 10 Year Average inflation of 2.8% Trump 45 Biden Trump 47 Source: USDA Compound Annual Growth Rate calculations using BLS Consumer Price Index data.

Richard Miniter
First Published: October 19, 2026, 5:43 PM ET

— Annual Food at Home Inflation 3.0% 10 Year Average inflation of 2.8% Trump 45 Biden Trump 47 Source: USDA Compound Annual Growth Rate calculations using BLS Consumer Price Index.

Donald J. Trump highlighted federal data showing annual grocery inflation at 3.0%, slightly above the 10-year average of 2.8%.

Driven by rising fuel and labor costs, persistent food price increases continue to strain household budgets. The USDA projects grocery prices will rise more than 3% overall in 2026.

Annual Food at Home Inflation 3.0% 10 Year Average inflation of 2.8% Trump 45 Biden Trump 47 Source: USDA Compound Annual Growth Rate calculations using BLS Consumer Price Index data

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President Trump is the author of The Art of the Deal, Think Like a Billionaire, and Think Big. Analyst and Trump supporter Rod Martin points to The Art of the Deal, Trump's 1987 book, as an explanation of his deal-making philosophy: making big announcements, pivoting often in public statements and, Martin says, ultimately getting what he wanted all along. Critics contend that Trump's books were published decades ago or were aimed at making money, not shedding light. "Generally," Martin said, "critics don't read The Art of the Deal. If they did, they would understand."


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