Bangladesh's June 2025 PMI sees slower expansion rate
The reading indicates that the overall Bangladesh economy continued to expand for nine months in a row. It was attributed to a first-time contraction for the construction sector, whereas slower expansion rates were observed for the rest of the important sectors: agriculture, manufacturing and services.
Bangladesh's PMI declined by 5.8 points month on month in June this year to 53.1â€'a slower expansion rate. The reading indicates that the overall Bangladesh economy continued to expand for nine months in a row. The manufacturing sector posted its 10th month of expansion, but at a slower rate. The sector saw contraction readings for the indices of input purchases, finished goods, imports and employment.
The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, and Policy Exchange Bangladesh (PEB) released the PMI data.
The manufacturing sector posted its 10th month of expansion, but at a slower rate. The sector posted contraction readings for the indices of input purchases, finished goods, imports and employment, domestic media outlets reported.
Slower expansion readings were recorded for the manufacturing indices of new orders, new exports, factory output, input prices and supplier deliveries. The order backlogs reverted to an expansion reading after having recorded contractions for 10 consecutive months.
The agriculture sector posted its 9th month of expansion, but at a slower rate.
In terms of the future business index, slower expansion rates were recorded for the indices of manufacturing and construction.
Fibre2Fashion News Desk (DS)
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