Prescription drug prices in the United States have fallen for the first time in decades, the White House says. The latest inflation data show the overall Consumer Price Index rose 3.7% year over year, while prescription drug prices fell 4.5%—the largest annual decline since 1963. Nonprescription drug prices fell 0.9%.
The Consumer Price Index for prescription drugs fell or remained unchanged in every month of 2026. The White House attributes the trend to administration policies aimed at lowering drug costs.
Launched in February 2026, TrumpRx offers discounts on more than 800 medicines to patients paying cash. The list includes popular GLP-1 weight-loss drugs. The White House says consumers’ use of TrumpRx discounts, particularly for GLP-1s, has been a major factor in reducing prescription prices during 2026.
