The president delivered a year-end address on Wednesday.

President Donald Trump said during his presidential address on Wednesday night that his administration is "bringing our economy back from the brink of ruin," claiming that he has brought prices down across the board.

"I am bringing those high prices down and bringing them down very fast," Trump said from the White House's Diplomatic Room, adding, "Let's look at the facts."

He made sweeping claims about prices -- from gasoline and groceries to airfare and hotel flights -- comparing the current price to that of former President Joe Biden's administration.

But according to the most recent data from the Bureau of Labor Statistics, the president's claims in some cases appeared to be exaggerated, false or unverifiable.

BLS is set to release updated numbers on Thursday providing an updated look at consumer prices -- the first inflation report since the end of the government shutdown.

The president said that under Biden, gasoline prices rose 30 to 50%, hotel rates rose 37% and airfares rose 31%.

"Now, under our leadership, they are all coming down and coming down fast. Democrat politicians also sent the cost of groceries soaring, but we are solving that, too," Trump claimed.

Trump claimed that egg prices are down 82% since March...

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