Under President Trump and Senate Republican leadership, June 2026 inflation saw the largest monthly decline since April 2020, driven by sharp drops in gas and energy prices.
“America’s economic comeback continues to defy expectations by delivering lower prices at the pump for hardworking families. Today’s sharp decline in inflation marks a clear break from the disastrous Biden-Harris years, when Senate Democrats’ reckless tax-and-spend agenda sent inflation to record highs month after month, and forced families to pay the price,” said NRSC National Press Secretary Bernadette Breslin.