Argentina's inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei who came to power almost a year ago promising to pull Argentina out of a dire economic crisis.

Consumer prices have increased by 107% in the first 10 months of the year and by 193% over the last year, reveals INDEC bureau.

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

Argentine President Javier Milei foreshadowed Tuesday he would change his currency policy after the end of the year if inflation stays constant in November and December.