US April Inflation Climbs to 3-Year High, Vance Admits 'Not Ideal'
US Vice President JD Vance unexpectedly deviated from the Trump administration's usual optimistic tone, admitting that April's consumer inflation was "not ideal." US consumer inflation rose 3.8% year-on-year in April, a three-year high, mainly driven by rising energy prices linked to Trump's war against Iran. This admission marks a shift from the administration's previous stance, with the issue expected to significantly impact the upcoming midterm elections.
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- 📰 Published: May 14, 2026 at 08:54
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Central News Agency, Washington, May 13 (CNA) – US Vice President JD Vance today made a rare departure from the Trump administration's consistently optimistic tone, admitting that April's consumer inflation was "not ideal."
Agence France-Presse reported that US consumer inflation rose by 3.8% year-on-year in April, reaching a three-year high, primarily driven by rising energy prices, which are linked to Trump's war against Iran.
In addition, the US government today announced that producer price inflation reached 6% year-on-year, the highest since December 2022. Analysts warn that soaring fuel prices have begun to have a ripple effect on other products.
Vance told reporters at the White House: "Yes, last month's inflation data was not ideal."
He added: "We know that we still have a lot of work to do to achieve the prosperity the American people deserve."
Vance stated that Trump is "highly concerned" about this issue. Just the day before, Trump had insisted that high inflation was merely a "short-term phenomenon."
When asked by reporters whether the financial situation of the American people prompted Trump to seek a peace agreement with Iran, Trump responded firmly: "Absolutely not. When I talk about Iran, the only thing that matters is that they cannot have nuclear weapons... I will not consider the financial situation of Americans, I don't consider anyone."
When questioned about Trump's remarks, Vance denied that Trump had ever said those words, insisting it was a "misinterpretation" of Trump's statements.
As the US midterm election campaign fully gets underway in November, Democratic leaders seized on Trump's remarks, accusing the Republican of being indifferent to the soaring cost of living. (Compiled by Hsu Rui-cheng) 1150514
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Agence France-Presse reported that US consumer inflation rose by 3.8% year-on-year in April, reaching a three-year high, primarily driven by rising energy prices, which are linked to Trump's war against Iran.
In addition, the US government today announced that producer price inflation reached 6% year-on-year, the highest since December 2022. Analysts warn that soaring fuel prices have begun to have a ripple effect on other products.
Vance told reporters at the White House: "Yes, last month's inflation data was not ideal."
He added: "We know that we still have a lot of work to do to achieve the prosperity the American people deserve."
Vance stated that Trump is "highly concerned" about this issue. Just the day before, Trump had insisted that high inflation was merely a "short-term phenomenon."
When asked by reporters whether the financial situation of the American people prompted Trump to seek a peace agreement with Iran, Trump responded firmly: "Absolutely not. When I talk about Iran, the only thing that matters is that they cannot have nuclear weapons... I will not consider the financial situation of Americans, I don't consider anyone."
When questioned about Trump's remarks, Vance denied that Trump had ever said those words, insisting it was a "misinterpretation" of Trump's statements.
As the US midterm election campaign fully gets underway in November, Democratic leaders seized on Trump's remarks, accusing the Republican of being indifferent to the soaring cost of living. (Compiled by Hsu Rui-cheng) 1150514
Choose to stand with facts, your sponsorship is the power to protect press freedom.
Download CNA's "Firsthand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.