CNN's Jake Tapper Drops Barrage Of Receipts On Trump Over Rising Grocery Prices
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CNN's Jake Tapper Drops Barrage Of Receipts On Trump Over Rising Grocery Prices
"Newly released inflation data shows that grocery prices are actually up again last month and have been on the rise since President Trump took office in January. The average price of groceries rose 0.3 percent from August to September. On average, grocery prices are about 1.4 percent higher than in January when President Trump took office, and they're 2.7 percent higher than they were at this point last year."
"And we can break it down even further because every category of groceries has seen price increases over the last year, most shockingly coffee, which is up 18.9 percent, as well as beef and veal up 14.7 percent. Now, economists say it's normal for grocery prices to rise over time, but we need to point out that two of President Trump's signature policies, his tariffs on imported goods, such as coffee, and his crackdown on illegal immigration, which impacts many workers, especially in the agricultural industry, are certainly contributing to the spike, according to economists."
A supercut showed President Trump repeatedly claiming grocery prices are down. Newly released inflation data shows grocery prices rose 0.3 percent from August to September. Grocery prices are about 1.4 percent higher than in January and 2.7 percent higher than a year ago. Every grocery category increased over the last year, with coffee up 18.9 percent and beef and veal up 14.7 percent. Economists say gradual grocery price increases are normal, and attribute part of the spike to tariffs on imports and immigration policy effects on agricultural labor.
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