Dhaka, July 8 -- Bangladesh's economy remained in expansionary territory for the ninth consecutive month in June, though the pace of growth eased, according to the latest Purchasing Managers' Index (PMI) data released on Monday.
The PMI stood at 53.1 for June, signalling continued economic expansion but marking a 5.8-point decline from May, reflecting a slowdown in overall activity. The monthly index, jointly developed by the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, and Policy Exchange Bangladesh (PEB), provides timely insights into the country's economic performance. The initiative is supported by the UK Government, with technical guidance from the Singapore Institute of Purchasing & Materials Management (SIPMM).
The ...