Argentina's Inflation Reaches Historic 100% Spike Amid Economic Recession.

Argentina's inflation rate has surpassed 100% for the first time since the early 90s, with prices of many consumer goods more than doubling since 2022. The government has been trying to cap the prices of food and other products, but food and drink sectors saw the most dramatic increase, with prices growing by 9.8% in February compared to January. The country has been in economic difficulty for years, with many people living in poverty, and the government has been at odds over how to tackle the problem.