Apr Bangladesh PMI 52.9; 8th straight expansion month in manufacturing

Bangladesh’s purchasing managers’ index (PMI) was 52.9 in April, attributed to a slower rate of expansion in manufacturing, construction and services, and a faster expansion rate in the agriculture sector.
The manufacturing sector saw its eighth consecutive month of expansion, but at a slower rate.
The sector posted expansion readings for most indexes, except for the order backlogs index.Read More