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.

BUENOS AIRES (Reuters) -Argentine inflation has dipped to 193%, landing below the 200% threshold for the first time in close to a year, data from statistics agency INDEC showed on Tuesday, as President Javier Milei's dramatic austerity agenda bears fruit.

The libertarian president, nearing a year in office, has celebrated falling inflation as one of his government's key accomplishments, after one of the largest adjustments in public spending in recent history.