Bangladesh’s Purchasing Managers’ Index (PMI) climbed to 62.2 in November, up by 6.5 percentage points from October, reflecting stronger economic activity in agriculture, manufacturing, and services, according to the Metropolitan Chamber of Commerce and Industry (MCCI) and Policy Exchange Bangladesh (PEB). Agriculture marked its second month of growth with improved business and activity indexes, though employment contracted at a slower pace. Manufacturing saw robust gains in new orders, exports, and factory output, alongside first-time growth in employment and supplier deliveries. The services sector continued its recovery with stronger new business and order backlogs, while employment rebounded and input costs slowed. However, the construction sector reverted to contraction, with declines in input costs and order backlogs, despite marginal improvements in business activity and employment. The PMI, developed with international expertise, offers critical insights for stakeholders tracking Bangladesh’s economic health.
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