Bangladesh PMI Jumps to 57.8 in July as Manufacturing Hits 65.4
Updated
Updated · The Business Standard · Aug 10
Bangladesh PMI Jumps to 57.8 in July as Manufacturing Hits 65.4
3 articles · Updated · The Business Standard · Aug 10
Summary
Bangladesh’s composite PMI rose 4.9 points to 57.8 in July from 52.9, moving further above the 50 mark that separates expansion from contraction.
Manufacturing drove the gain, surging 16.6 points to 65.4—the strongest reading in the survey period—as new orders, exports, output, employment, imports and supplier deliveries all expanded.
Services extended growth to a 22nd month at 56.0, agriculture stayed in expansion at 55.2 despite slowing, and construction remained below 50 at 49.3 though it rebounded sharply from June’s 40.2.
Policy Exchange linked the improvement to the highest monthly export earnings in 12 months, better foreign-exchange conditions and business optimism after FY2026-27 budget deregulation measures.
The Future Business Index pointed to further gains across all four sectors, but contracting order backlogs suggest the recovery pipeline is still thin after four years of inflation above 9% and weak private credit growth.