Positive developments in Bangladesh's economic trends have been highlighted in the November 2024 Purchasing Managers' Index (PMI) report, unveiled by the Metropolitan Chamber of Commerce and Industry (MCCI) and Policy Exchange Bangladesh (PEB).
The report, published on Sunday (8 December) points to a notable rise in the country’s overall PMI score, which climbed by 6.5 points to reach 62.2 in November.
The improvement in the PMI was largely attributed to accelerated growth across the agriculture, manufacturing, and services sectors, although the construction sector experienced a reversal, slipping into contraction.
This upward trend in the PMI reflects encouraging advancements across major industries, signifying a gradual strengthening of Bangladesh’s economic momentum.
Developed collaboratively by MCCI and PEB with financial backing from the UK Government and technical assistance from the Singapore Institute of Purchasing & Materials Management (SIPMM), the PMI offers timely and actionable insights.
It is designed to assist businesses, investors, and policymakers in navigating the economic landscape and making informed decisions.
