Key Events Around the Globe: Feb 27

Tokyo Cpi Grows Slightly, Core Inflation Slips Below Boj Target

Consumer price index inflation in Tokyo grew slightly in February as expected, while core inflation fell below the Bank of Japan’s annual 2% target for the first time since 2022. Tokyo CPI inflation grew 1.6% annually in February, up slightly from 1.5% in the prior month, government data showed on Friday. Core CPI, which excludes volatile fresh food prices, grew 1.8%, slightly ahead of forecasts of 1.7%, but well below the 2% rise seen in the prior month.

Us Weekly Jobless Claims Rise Slightly; Unemployment Rate Likely Unchanged in February

The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady in February amid a stable labor market.

Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 212,000 for the week ended February 21. Economists polled by Reuters had forecast 215,000 claims for the latest week. Last week’s claims included the Presidents’ Day holiday, which could have impacted the data.

Eurozone Economic Sentiment Deteriorates

Eurozone economic confidence weakened in February largely due to the significant drop in sentiment among services providers, survey data from the European Commission showed Thursday. The economic sentiment index fell unexpectedly to 98.3 in February from 99.3 in the prior month. The score was forecast to rise to 99.8. Services confidence weakened to a four-month low in February. The corresponding index slid to 5.0 from 6.8 in January. The reading was expected to climb to 7.5.

Source: HSL Prime Daily, 27 Feb 2026