The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from the previous day’s session.

Brazil: Prices as measured by the IGP-M index, Brazil’s broadest measure of inflation, rose 0.61 percent in January after declining 0.26 percent in December, according to the median estimate of 22 economists surveyed by Bloomberg News. The Getulio Vargas Foundation is slated to release the report at 5 a.m. New York time. The unemployment rate fell to 6.6 percent in December from 7.4 percent the previous month, a separate survey showed. The statistics agency is set to release the data at 6 a.m. New York time.

The real dropped 1.2 percent to 1.858 per dollar.

The yield on the zero-coupon, real-denominated bond due in January 2011 rose three basis points to 10.44 percent, according to Bloomberg prices.

Chile: Industrial output rose 1.2 percent in December from a year ago after increasing 1 percent in November, according to the median estimate of 12 analysts surveyed by Bloomberg. The unemployment rate fell to 8.9 percent in December from 9.1 percent the previous month, according to a separate survey. The statistics agency is slated to release both reports at 7 a.m. New York time.

The peso plunged 2.1 percent to 522.25 per dollar.

The yield for a basket of Chile’s five-year peso bonds in inflation-linked currency units, called unidades de fomento, fell nine basis points to 2.40 percent, according to Bloomberg composite prices.

Other prices in Latin American markets:

Argentina: The peso dropped 0.1 percent to 3.8160 per dollar.

The yield on the country’s inflation-linked peso bonds due in December 2033 rose 34 basis points to 12.1 percent, according to Citigroup Inc.’s local unit.

Colombia: The peso weakened 1 percent to 1,988.50 per dollar.

The yield on Colombia’s benchmark 11 percent bonds due July 2020 rose 15 basis points to 8.70 percent, according to Colombia’s stock exchange.

Mexico: The peso fell 0.7 percent to 12.9612 per dollar.

The yield on Mexico’s 10 percent bond due December 2024 fell one basis point to 8.13 percent, according to Banco Santander SA.

Peru: The sol declined 0.3 percent to 2.8617 per dollar.

The yield on Peru’s 8.6 percent bond maturing August 2017 rose one basis point to 5.01 percent, according to Citigroup Inc.’s unit in Lima.