Argentina's Inflation Skyrockets to 99% - Are Your Savings Safe?

#Argentina is struggling with almost 100% inflation causing the average cost of living to nearly double from a year ago, with food, housing, and leisure costs still surging. The country's #CPI reached an annual rate of 98.8% in January, which is the highest rate of #inflation since the period between 1975 and 1990. Despite government measures such as price freezes, interest rate hikes, and introducing a new #banknote, forecasters predict that the inflation rate is likely to double again in the next 12 months.

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