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Argentinians drown in spiralling inflation at nearly 100%

https://www.aljazeera.com/economy/2023/ ... nearly-100

Argentina’s inflation rate has hit just shy of 100 percent, the government said on Tuesday, with savers feeling more pain from some of the world’s fastest-rising prices and workers’ budgets straining as costs outstrip salaries.

The South American country, which has battled spiralling prices for years, saw monthly inflation speed up to 6 percent in January, in line with forecasts, while the annual figure hit 98.8 percent, the highest since hyperinflation in the 1990s.

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