Argentina's Inflation Rate Surpasses 100% Mark, Prompting Rate Hike Consideration.
TL;DR Summary
Argentina's inflation rate hit 102.5% in February, making it the fifth country to experience triple-digit inflation. The prices of many consumer goods have doubled over the course of a year, despite state price controls put in place. The situation is allowing "outsider candidate" Javier Milei to make headway ahead of October elections in which President Alberto Fernández will try to hang on to his seat.
- Argentina's Inflation Rate Hits Grim Milestone Newser
- 100% Inflation in Argentina Opens the Door for a Presidential Upset Yahoo News
- Argentina inflation soars past 100% mark BBC
- Argentina’s inflation rate soars past 100%, its worst in over 30 years The Guardian
- Argentina Considers First Rate Hike Since September After Inflation Hit 103% Bloomberg
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