In October, Bangladesh’s key economic sectors, including agriculture, manufacturing, construction, and services, showed positive trends despite ongoing domestic challenges, as reported by the Metropolitan Chamber of Commerce and Industry (MCCI). The country’s Purchasing Managers’ Index (PMI) rose to 55.7, indicating expansion after three months of contraction, signaling a more optimistic economic outlook.
The manufacturing sector led growth with strong new orders and output, though employment and supplier deliveries remained weak. Agriculture saw a notable rebound in activity and new orders, but employment contracted. The construction and services sectors returned to growth, though both faced continued employment contractions.
Despite these gains, challenges persist due to frequent protests, law enforcement issues, and sluggish public administration, potentially impacting future growth. Rising input costs across sectors also reflect higher expenses, posing further challenges.
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