# Caputo sees strong recovery, rismisses recession odds

> Argentina's economy minister predicts strong growth rebound as inflation eases.
- Title: Caputo sees strong recovery, rismisses recession odds
- Summary: Argentina's economy minister predicts strong growth rebound as inflation eases. Argentina's economy minister Luis Caputo expects strong fourth-quarter growth…
- Keywords: argentina, economy, luis caputo, javier milei, inflation, recession, construction, news, politics, world, Caputo, sees
- Source: Buenos Aires Times — https://batimes.com.ar/news/economy/caputo-sees-strong-argentina-recovery-rismisses-recession-odds.phtml
- Author: Manuela Tobias, Bloomberg
- Published: 2026-10-16T16:18:20+00:00
- Read time: 1 min
- Topics: argentina, economy, luis caputo, javier milei, inflation, recession, construction, news, politics, world
## Economy minister predicts rebound
Argentina's economy minister Luis Caputo expects strong fourth-quarter growth and dismisses recession risks despite slowing economic activity.

> We don’t see a recession
## Construction and mortgages drive recovery
Caputo says construction and mortgage lending will boost growth as real wages improve and inflation eases.

> I think we will see a significant recovery in construction
## Economic contraction in Q2
Argentina contracted 0.6 percent in the second quarter and again in July, raising recession concerns.

> don’t see that
## Credit growth challenges
Banks report declining delinquencies but credit growth has lost momentum as interest rates fall.

> Banks have said that delinquencies are no longer a problem
## No trade-off between growth and inflation
Caputo rejects the idea that the government must choose between reviving growth and controlling inflation.

> We don’t see that trade-off in the same way as other economists do
## Inflation remains priority
Caputo says disinflation will lower financing costs and spare productive capacity will support growth.

> We remain focused on bringing down inflation because we know that’s what’s best for Argentines
## Debt and funding discussions
Argentina seeks $10 billion in private-sector financing for rail projects and the Taca Taca copper mine.

> We are definitely in discussions and will support the government in their liquidity needs
## Key takeaway

Argentina's economy minister Luis Caputo expects strong fourth-quarter growth and dismisses recession risks despite slowing economic activity.