Argentina emerged from a deep recession in the third quarter, with its economy growing more than expected and inflation finally easing, in a major win for libertarian President Javier Milei ahead of the midterm elections next year.

Argentina has come out of a deep recession in a major victory for the country’s unorthodox President Javier Milei, who has spent the past year enacting sweeping — and painful — reforms in Latin America’s third-largest economy.

The self-described "anarcho-capitalist" has introduced brutal austerity measures in a bid to restart Argentina's ailing economy.

Argentina emerged from a brutal recession in the third quarter, boosting the odds that President Javier Milei heads into next year’s mid-term elections with growth on the rebound alongside cooling inflation.

Argentina emerged from a severe recession in the third quarter, marking a milestone for libertarian president Javier Milei’s bid to end the country’s long-running economic crisis. GDP expanded 3.9 per cent from July to September in seasonal-adjusted terms compared with the previous quarter,

Gross domestic product expanded 3.9 per cent from July to September compared to the previous three-month period, better than analysts' expectations for 3.4 per cent growth

Argentina’s eccentric, wolverine-haired, “anarcho-libertarian” president Javier MIlei took office with a chainsaw and a plan: to tackle the country’s triple-digit inflation and chronic debt problems,