Trump says he 'loves the inflation' as US prices rise at fastest rate in three years

President Donald Trump has said he "loves the inflation" as US prices rose last month at their fastest rate in three years, BBC reported. 

Bureau of Labor Statistics (BLS) figures showed prices went up by 4.2% in May from a year earlier. The increase, from 3.8% in April, was driven by rising energy costs in the wake of the US-Israel war in Iran. 

"I love it. The numbers were great. You know what I really love? I love the inflation," Trump said at the White House.