{"id":173563,"date":"2025-12-08T06:57:17","date_gmt":"2025-12-08T06:57:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/173563\/"},"modified":"2025-12-08T06:57:17","modified_gmt":"2025-12-08T06:57:17","slug":"bangladeshs-economic-expansion-loses-steam-in-november-pmi","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/173563\/","title":{"rendered":"Bangladesh\u2019s economic expansion loses steam in November: PMI"},"content":{"rendered":"<p>      According to the report, agriculture recorded its third consecutive month of expansion, though at a slower pace    <\/p>\n<p>\n                    TBS Report\n          <\/p>\n<p>\n      07 December, 2025, 07:30 pm    <\/p>\n<p>\n      Last modified: 07 December, 2025, 10:00 pm    <\/p>\n<p>\n      Representational image\/collected<\/p>\n<p>&#8220;&gt; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"adf-overlay ratio ratio__16x9 lazyload\" data-aspectratio=\"451\/254\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/10\/pmi.png\" width=\"451\" height=\"254\" alt=\"Representational image\/collected\" title=\"\"\/><\/p>\n<p>\n          Representational image\/collected        <\/p>\n<p class=\"rtejustify\">Bangladesh&#8217;s Purchasing Managers&#8217; Index (PMI) for November settled at 54 points, declining by 7.8 points from the previous month and indicating a clear loss of momentum in the country&#8217;s economic expansion.<\/p>\n<p class=\"rtejustify\">The latest PMI reading reflects slower expansion across all key sectors \u2013 agriculture, manufacturing, construction, and services, according to a press release from the Metropolitan Chamber of Commerce and Industry (MCCI).<\/p>\n<p class=\"rtejustify\">The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, and Policy Exchange Bangladesh (PEB) released the Bangladesh Purchasing Managers&#8217; Index (PMI) report for November today (7 December).<\/p>\n<p>        <a style=\"font-weight: bold; color: #2b4949; border-bottom: 1px solid #ccc; font-size: 18px;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMIivlQsw2ZKrAw?ceid=US:en&amp;oc=3\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <img decoding=\"async\" src=\"https:\/\/www.tbsnews.net\/sites\/all\/themes\/sloth\/images\/google_news.svg\" alt=\"The Business Standard Google News\" style=\"display: inline-block; margin-right: 15px; margin-bottom: 10px; height: 30px;\"\/><br \/>\n            Keep updated, follow The Business Standard&#8217;s Google news channel<br \/>\n          <\/a><\/p>\n<p class=\"rtejustify\">The October reading of the PMI gained by 2.7 points from the previous month to post a faster expansion rate at 61.8.<\/p>\n<p class=\"rtejustify\">&#8220;November&#8217;s PMI indicates that economic expansion is losing steam, driven by weak global demand and low export competitiveness, waning domestic demand, and businesses holding back investments ahead of the national elections,&#8221; said M Masrur Reaz, chairman and CEO of Policy Exchange Bangladesh.<\/p>\n<p class=\"rtejustify\">He added, &#8220;Despite a year-on-year decline in exports, the month-to-month increase, along with continued agricultural harvests, helped maintain the overall expansionary trend. Interestingly, a faster expansion in the future business index was recorded across all sectors except manufacturing.&#8221;<\/p>\n<p class=\"rtejustify\">The PMI is a pioneering initiative designed to offer timely and accurate insights into the country&#8217;s economic health, helping businesses, investors, and policymakers make informed decisions. The report has been published monthly since May 2024.<\/p>\n<p class=\"rtejustify\">A PMI reading above 50 indicates that a sector or the overall economy is generally expanding. A reading of 50 signals no change from the previous month, while a reading below 50 indicates contraction.<\/p>\n<p class=\"rtejustify\">According to the report, agriculture recorded its third consecutive month of expansion, though at a slower pace. The sector showed slower expansion in new business, employment, and input costs, while the business activity index posted a faster rate of expansion. The order backlogs index showed a slower contraction.<\/p>\n<p class=\"rtejustify\">Manufacturing posted its 15th consecutive month of expansion, albeit at a slower rate. The sector recorded expansion in new orders, new exports, factory output, input purchases, finished goods, imports, input prices, employment, and supplier deliveries. However, the order backlog index showed a faster contraction.<\/p>\n<p class=\"rtejustify\">Construction posted its third month of expansion, though again at a slower rate. The sector recorded expansion in construction activity, employment, and input costs. The order backlogs index saw a faster contraction, while the new business index reverted to contraction territory.<\/p>\n<p class=\"rtejustify\">Services recorded its 14th consecutive month of expansion, but at a slower rate. The sector posted expansion in employment and input costs. However, the indexes for new business, business activity, and order backlogs all reverted to contraction readings.<\/p>\n<p class=\"rtejustify\">Regarding the future business index, faster expansion was recorded in agriculture, construction, and services, while the manufacturing index showed a slower expansion rate.<\/p>\n","protected":false},"excerpt":{"rendered":"According to the report, agriculture recorded its third consecutive month of expansion, though at a slower pace TBS&hellip;\n","protected":false},"author":2,"featured_media":173564,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-173563","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/173563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=173563"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/173563\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/173564"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=173563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=173563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=173563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}