Economy on pickup after a downturn
Bangladesh, Nov. 10 -- Bangladesh's economy gets on a pickup as an important indicator showed a rise in October after consecutive two months of downturn, with most major sectors performing a bit better.
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The country's overall Purchasing Managers' Index (PMI) score in October recorded an increase of 3.2 points from September to reach 51.8-an indicator that the economy is expanding.
The October PMI reading means the economy is returning onto growth trajectory after two consecutive months of contraction.
Agriculture marked faster expansion while manufacturing, construction and services also returned to expansion.
The agriculture sector recorded its fourteenth consecutive month of expansion, and at a faster rate, increasing...
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