Trump Says Walmart’s Thanksgiving Meal Will Be ‘25% Cheaper’ This Year — but There’s a Catch

President Donald Trump made bold claims about the American economy this week, including repeatedly stating that prices for Walmart’s Thanksgiving meal are cheaper this year and denying that the country is experiencing inflation during his second term in office.

While speaking to reporters with Hungarian Prime Minister Viktor Orbán on Friday, Nov. 7, the president repeated a claim he made both on Truth Social and earlier in the week, telling press in the White House Cabinet Room, “Walmart said that the Thanksgiving [meal] was 25% more expensive, 25% more expensive, under [former President Joe] Biden.”

He added, “That’s a big number.”

Trump shared a nearly identical claim about Walmart on Wednesday, Nov. 5, while speaking to the American Business Forum.

“Grocery prices are way down, and Walmart just announced that the cost of their standard Thanksgiving meal — this is the greatest, their greatest,” he said, per NBC News. “It is 25% lower than one year ago. That’s a big deal.”

And in a Truth Social post on Thursday, Nov. 6, the president wrote, “2025 Thanksgiving dinner under Trump is 25% lower than 2024 Thanksgiving dinner under Biden, according to Walmart. My cost [sic] are lower than the Democrats on everything, especially oil and gas! So the Democrats ‘affordability’ issue is DEAD! STOP LYING!!!”

Trump’s claims about the meal being cheaper are true. However, the company’s 2025 meal is smaller than its 2024 offering. This year, Walmart is selling what it describes as “a full holiday feast serving 10 people for under $4.00 per person,” which they noted is “the lowest price since Walmart started the program.”

According to NBC, this year’s meal features 23 items, down six from last year. Customers purchasing Walmart’s 2025 Thanksgiving meal will not receive onions, celery, sweet potatoes, chicken broth, poultry seasoning, muffin mix, marshmallows, whipped topping or pecan pie.

The outlet also reported that the 2025 meal includes just one can of cream of mushroom soup, while last year’s included two.

Additionally, Walmart’s current Thanksgiving meal has standard dinner rolls and fresh cranberries, products that are both cheaper at Walmart than the sweet Hawaiian rolls and cranberry sauce the company featured in its 2024 meal.

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Trump’s claim that grocery prices have dramatically fallen during his presidency is unsupported by his own administration’s data.

The Bureau of Labor Statistics’ Consumer Price Index — which most recently captured inflation data for the month of September 2025 — showed that overall food costs rose 3.1% year over year, and grocery prices in particular rose 2.7%. Prices have steadily trended upward since Trump took office in January.

During Friday’s meeting, Trump also claimed “affordability … was a con job from the Democrats,” but bristled when a reporter said the president “didn’t want to talk about affordability” the day prior.

“I talked about it,” Trump insisted. “When did I not want to talk about it? I talk about it all the time,” and told reporters, “We are much better than Biden and all of them. … The Biden administration had the highest inflation in 48 years, but most people say ever recorded.”

He added, “They had the worst inflation in 48 years. We have almost no inflation. We’re down now to 2% and we’ll be maybe at 1%.”

Trump’s 2% figure was incorrect; the latest Consumer Price Index figure revealed the 12-month inflation rate to be 3%.