MUMBAI -- India's manufacturing purchasing managers' index (PMI) declined marginally in February to 57.5 from 57.7 in the preceding month of January, as production could not back the rise in orders, as per the survey released on Monday.

The marginal decline during the month under review follows a near eight-year peak in manufacturing reported in January that was driven by a sharp rise in new business orders and bounce back in demand, as per the survey conducted by IHS Markit, that measures the index. (India-Manufacturing PMI)

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WASHINGTON -- Some 59 percent of panelists do not anticipate a full recovery in the U.S. job market to pre-pandemic employment levels until 2023 or later, according to a survey released Monday by the National Association for Business Economics (NABE).

The March 2021 NABE Outlook, which presents the consensus macroeconomic forecast of a panel of 53 professional forecasters, was conducted on Feb. 8-16. (US-Job Market-NABE)

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LONDON -- Britain's unemployment rate surged to 5.1 percent in the fourth quarter (Q4) 2020, which is 1.3 percentage points higher than a year earlier and 0.4 percentage points higher than the previous quarter, the British Office for National Statistics (ONS) said Tuesday.

Meanwhile, in January 2021, 726,000 fewer people were in payrolled employment when compared with February 2020 before the outbreak of the COVID-19 pandemic in the country, the latest official figures revealed. (UK-Unemployment Rate)

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HANOI -- The Vietnamese manufacturing sector ended February with modest improvement in business conditions, supported by growth in new orders, output and employment, a report compiled by the London-based global information provider IHS Markit revealed Monday.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) went up to 51.6 in February from 51.3 in January, signaling a modest improvement in business conditions. The health of the sector has now strengthened in three successive months, according to the report. (Vietnam-Economy-Manufacturing) Enditem

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