America First Policies are Easing Inflation

WASHINGTON, D.C.—The America First Policy Institute (AFPI) has released the following statement from Michael Faulkender, co-chair for American Prosperity, in response to positive new Consumer Price Index and Producer Price Index reports released this week:

“The recent inflation numbers tell the same story: inflation pressures are easing across key categories. The drop in the Consumer Price Index extends beyond just gasoline, with core inflation flat for the month and easing to 2.6% for the year. The deceleration extended broader than one sector alone. At the same time, the Producer Price Index Report is encouraging. This points to more relief still working its way through the pipeline.”

“Taken together, easing consumer inflation, falling producer prices, and sustained job growth show that the underlying economy is resilient and moving in the right direction. The Administration’s focus on pro-growth, deregulatory policies, tax relief, and American energy is delivering.”

Read AFPI’s new seven-point economic plan here.