Scott Bessent on core inflation

KLEORYClaim and record

Scott Bessent

Treasury Secretary, U.S. Department of the Treasury

Compared on: Inflation fell nationwide recently

THE CLAIM · OCT 19, 2026

“core inflation is down”

Scott Bessent · Read the post

THE RECORD

the United States, inflation (cpi, 12-month change) (percent change from a year earlier): 2.7% in the 12 months to Aug 2025; 3.2% in the 12 months to Aug 2026 (up 0.5 points).

Bureau of Labor Statistics (CPI) · Inflation (CPI, 12-month change), the United States · Read

RECORD DIFFERS

The claim inside it: inflation fell nationwide recently. This card checks that against official data. The one measure scored went up, not down.

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