Dhaka, July 7 -- Bangladesh's overall Purchasing Managers' Index (PMI) dropped by 5.8 points in June compared to May, reaching 53.1, signalling a slower pace of expansion across key sectors of the economy.

The decline marks a notable shift in economic momentum, driven largely by the first-time contraction in the construction sector, while the agriculture, manufacturing and services sectors all registered slower expansion rates.

Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka and Policy Exchange Bangladesh (PEB) released the Bangladesh Purchasing Managers' Index (PMI) June report today (Monday).

The PMI is a pioneering initiative that aims to offer timely and accurate insights into the country's economic health to help busin...