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President Donald Trump said that prescription drug prices dropped for the first time in half a century in the US last year. Since taking office, the president has made repeated attacks against those who set drug prices and has pledged to take radical steps to reduce them. HAVE DRUG PRICES DECREASED? Mr Trump appears to be referring to the Bureau of Labour Statistics Consumer Price Index (CPI), which measures the increase in the cost of household items in the US. In the year to May 2019, the average monthly cost of prescription drugs fell by 0.2%. This is the first price decrease over a 12-month period since 1973, some 47 years ago - so by this measure, his assertion is broadly correct. PRESCRIPTION DRUG PRICES IN THE US Full story

21 July