Bernie Moreno: “Inflation is at an all-time low compared to the last five…”

“Wages weren't even close to keeping up with the price of goods basics, food, energy, transportation. Housing became completely unaffordable. What's happened in the last 81 days? We have a new inflation report today. Inflation is at an all-time low compared to the last five years. Energy prices are down 30%. Egg prices are down 50%. Private sector employment is surging. We have a completely secure border.” (01:05–01:10)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.