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February Trade Due At 1900GMT / 1500ET

ARGENTINA
  • February trade data will be reported at 1900GMT(1500ET), with analysts looking for a $850mn trade surplus, vs. $797mn in January. Meanwhile, Foreign Minister Diana Mondino will meet with Vietnam Prime Minister Pham Minh Chinh in Hanoi today as she continues with her Asian tour.
    • Feb. Imports Total, prior $4.6bn
    • Feb. Trade Balance, est. $850mn, prior $797mn
    • Feb. Exports Total, prior $5.4bn
  • In other news, local media are reporting that the statistics agency, Indec, is preparing a new CPI inflation index based on the latest expenditure survey, which it will launch later this year. La Nacion reports that this is a process that began more than a year ago and is not related to the current fight to lower inflation, running at 276% y/y in February. The new CPI will have modifications to the basket weights, but not a significant jump, according to the report.

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