Argentina’s economy emerged from a severe recession in the third quarter of 2024 in a milestone for libertarian president Javier Milei in his bid to end the country’s long-running crisis.
GDP expanded 3.9 per cent from July to September in seasonal-adjusted terms compared with the previous quarter, marking Argentina’s first quarter of growth since it entered recession in late 2023, the country’s statistics agency said on Monday.
Compared with the same period in 2023, GDP for the third quarter contracted 2.1 per cent.
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