The head of the White House assessed the rise in prices and talked about the secret delivery of petroleum products.
"I like inflation": Trump commented on the highest price growth in the US in three years
"I like it. The numbers are great. I really like it. I like inflation," Donald Trump commented on the annual inflation rate in the US rising from 3.8% to 4.2% in a month during a meeting with journalists in the Oval Office, RTVI US reports.
The president then mentioned that the US is secretly exporting millions of barrels of oil through the Strait of Hormuz, and a few days ago, American military forces "without lights, late at night" seized 22 Iranian vessels. This is why, Trump claims, oil has remained at $85 per barrel.
Later on Truth Social, the president stated that as part of a "secret mission" he authorized back in May, more than 100 million barrels have entered the global market, and the strait is now controlled by the US, not the "defeated" Iran. At the same time, energy carriers have become the main driver of inflation — gasoline alone has risen in price by about 50% since January, adding another 7% in May.
However, core inflation, which excludes food and fuel prices and is considered a more reliable indicator, remains at 2.9%. According to a survey by Economist/YouGov, for millions of Americans, inflation has long become a problem not so much of an economic nature as a psychological one: people judge the state of the country not by graphs and indices, but by the receipt at the supermarket, utility bills, and credit burden.
