According to Odaily, US President Donald Trump was asked by reporters whether he was concerned about the latest inflation data released today. Trump replied directly: “No, I like it. I love inflation.” The comment came after the publication of the newest US inflation figures, as reported by Jinshi.
The latest data showed that US CPI for May climbed 4.2% year on year, marking a three-year high. CPI is commonly used as a measure of changes in consumer prices and is one of the key readings for tracking inflation conditions. At the same time, the annual rate of core CPI reached its highest level since last September. Core CPI is a separate inflation gauge that typically excludes more volatile categories.
The news item centers on Trump’s response to the inflation figures and the reported changes in US May CPI and core CPI. The original report did not provide additional details on policy remarks, follow-up actions, or other market data.