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ARGENTINA DAYBOOK: Statistics Agency Releases January’s CPI

February 10, 2012, 12:18 PM EST

By Eliana Raszewski

Feb. 10 (Bloomberg) -- Argentina’s statistics agency will release January’s consumer price index at 4 p.m. local time.

The institute will report a 0.8 percent increase from December, according to the median estimate of seven economists surveyed by Bloomberg.

WHAT TO WATCH:

* BBVA Banco Frances SA, Alto Palermo SA, Cresud Sacifya. and Quickfood SA are among companies that are scheduled to release their fourth-quarter earnings reports during the day.

ECONOMY/COMMODITIES:

* The Agricultural Ministry releases its weekly crop report this afternoon.

EQUITIES:

* The Merval Index rose 1 percent to 2,749 yesterday, led by Tenaris SA, which rose 2.7 percent 94.4 pesos.

MARKETS:

* The peso was little changed yesterday at 4.3447 per dollar. The currency has declined 1 percent against the dollar this year.

--With assistance from Dominic carey in Sao Paulo. Editor: Richard Jarvie

To contact the reporter on this story: Eliana Raszewski in Buenos Aires at eraszewski@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

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