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Federal data reveals a 0.8% decrease in U.S. prescription drug prices for July 2026, with a 3.1% decline compared to the previous year. This represents the most significant year-over-year drop in drug prices since 1963.
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Federal data reveals a 0.8% decrease in U.S. prescription drug prices for July 2026, with a 3.1% decline compared to the previous year. This represents the most significant year-over-year drop in drug prices since 1963.
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Trump is taking credit for sharply declining drug prices. The reality is more complex
U.S. Prescription Drug Prices Decrease in July