American President Donald Trump shocks again with the statements made after the publication of the data on the increase in inflation in the United States, saying that he “loves” the recent evolution of prices.
Trump defies American concerns. PHOTO Profimedia
The annual inflation rate reached 4.2% in May, the highest level in the last three years, according to official data, according to CNBC, quoted by News.ro.
Asked if he was worried about this development, the leader of the White House answered in the negative and qualified the figures as “excellent”.
“No, I love it. The numbers were great. You know what I really love? I love inflation.” said Donald Trump.
Promises of lower prices
The American president claimed that the level of inflation will decrease rapidly after the end of the conflict between the United States and Iran.
“It will drop like a stoneTrump promised.
Trump also made comments regarding the transit of oil through the Strait of Hormuz, claiming that the US would have secretly facilitated the transportation of large quantities of oil, which would explain the stabilization of prices around $85 per barrel.
Feedback and clarifications
The president's claims were later partially qualified by Energy Secretary Chris Wright, who stated that he had no information about such operations, but confirmed that the US military supported the transit of oil tankers in the area.
Official data showed monthly inflation rose 0.5 percent in May from a month earlier, while core inflation, which excludes food and energy, came in at 2.9 percent annually.
Criticism from the opposition
Trump's claims were quickly criticized by Democratic leaders, who pointed to the negative impact of rising prices on the population.
According to them, the president's message ignores the economic difficulties of Americans, in the context in which inflation and the cost of living remain central themes in the public debate and in the perspective of the elections in the fall.
