Argentina Enters Technical Recession; BCRA Sees Q4 Rebound

Argentina's central bank confirmed a Q3 GDP contraction, following Q2's decline, marking a technical recession. The BCRA attributes the slump to transitory factors like gas cuts and weather, forecasting a Q4 rebound, but official data from INDEC is pending. The recession exposes a split economy with growing export sectors versus weak domestic activity, raising uncertainty about the recovery's strength.

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