Argentina’s inflation has slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei.

Inflation in Argentina slowed more than expected last month to its lowest level in three years, buoying an already ebullient President Javier Milei who made getting inflation back under control a key priority for his government.

Analysts surveyed by Argentina's central banked trimmed their estimates for monthly and yearly inflation in a poll released on Thursday.