i haven't been following it but from what i do know you are right, it had leveled off recently but it did an enormous spike when milei came in and stopped supporting the currency. i heard it went from ~70-100% per year to ~300%+ basically overnight, then milei stepped in and supported it again and then it died back down.
but it "died back down" to 47% (i just checked), which is unthinkable hyperinflation to those of us with stabler currencies.