Core wholesale inflation once again beat economists’ expectations in September, offering fresh evidence that President Trump’s economic policies are steadily reversing the inflation crisis inherited from the Biden administration. According to new data from the Bureau of Labor Statistics, the producer price index for final demand rose a seasonally adjusted 0.3% for the month, matching expectations. However, the more critical core measure—excluding food and energy—climbed just 0.1%, coming in below the projected 0.2% increase.

The lower-than-expected rise in core wholesale prices signals cooling inflation pressures deeper in the supply chain, suggesting potential relief ahead for American consumers. Supporters argue this progress reflects the Trump administration’s aggressive focus on reducing regulatory burdens, expanding domestic energy production, and curbing government spending waste, all of which help drive down costs.

President Trump acknowledged the improvement but emphasized that more work remains, stating that while inflation is easing, many Americans are still struggling with elevated prices. His administration continues to push for further reforms to ensure families feel meaningful relief in their everyday expenses.

The latest report marks another positive milestone in Trump’s effort to restore price stability after years of soaring costs under Biden. With continued momentum and targeted policy action, supporters believe the U.S. is on a path toward broader economic recovery and renewed purchasing power for American households.