Bangladesh PMI climbs to 57.8 in July on manufacturing rebound
Bangladesh, Aug. 31 -- Bangladesh's Purchasing Managers' Index (PMI) rose to 57.8 in July, pointing to a broad-based strengthening of the economy led by a rebound in manufacturing that coincided with the strongest monthly export earnings in nearly a year, according to a study unveiled on Monday.
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The Metropolitan Chamber of Commerce and Industry (MCCI), in association with Policy Exchange Bangladesh, presented the findings at a seminar at the MCCI office in Gulshan.
The presentation showed agriculture and services continued to expand in July, while construction activity remained only marginally below the neutral 50-point threshold that separates expansion from contraction.
Manufacturing led the recovery with a reading of ...
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