Reuters
- Argentina's consumer inflation hit 99% in January, as prices of everyday goods doubled on a year ago.
- Street protests have broken out as people struggle with soaring food, housing, and leisure costs.
- The government is trying to cool the rate – but economists expect it to hover close to 100% for most of 2023.
People in Argentina are battling inflation of almost 100%, meaning that the average basket of shopping now costs nearly twice as much as it did a year ago.
Food, housing and leisure costs are still soaring, even after the government brought in price freezes for particular goods.