The slowdown in the same period in the United States, and Trump is the most hurt?
The inflation rate fell below 3% for the first time since 2021, which may make it more difficult for Trump to continue to criticize Harris.
According to data released on Wednesday, the Consumer Price Index (CPI) rose 2.9% year-on-year in July, down from 3% in June. This latest development is obviously a good thing for US Vice President Harris, who is trying to get rid of some unpopular aspects of Biden's economic record.
But it makes Trump's task more difficult as he tries to put inflation at the forefront in the 2024 election.
On Wednesday night, Trump traveled to Asheville, North Carolina to deliver an economic speech, and this increasingly complex dynamic was evident. As he and his Republican colleagues have done for months, Trump focused much of his speech on the issue of the overall 20% increase in prices since Biden and Harris took office.
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