Argentines Struggle as Inflation Reaches 103%

Argentina's inflation rate has hit 102.5% and is expected to reach 110% this year, making it almost impossible for citizens to save and causing poverty levels to rise to nearly 40%. The country is also facing one of its worst droughts in history, which has impacted its economy. The ruling Peronist coalition is facing likely defeat in the upcoming general elections in October, with inflation being a deciding issue for voters.