Bangladesh July PMI rises to 57.8

In July 2026, Bangladesh's Purchasing Managers' Index (PMI) rose by 4.9 points to 57.8, indicating a stronger pace of economic expansion. The improvement was driven primarily by a sharp rebound in manufacturing, which surged 16.6 points to 65.4, while services expanded for the 22nd consecutive month at 56.0 and agriculture expanded for the 11th consecutive month at 55.2. Construction remained marginally in contraction at 49.3, though it improved by 9.1 points from June. The PMI is jointly compiled by the Metropolitan Chamber of Commerce and Industry (MCCI) and Policy Exchange Bangladesh (PEB), with support from the UK government and technical assistance from the Singapore Institute of Purchasing and Materials Management. The manufacturing recovery coincided with the highest monthly export earnings in 12 months. The Future Business Index showed strong expansion across all sectors, reflecting optimism about business conditions. M Masrur Reaz, Chairman and CEO of Policy Exchange Bangladesh, noted that the July PMI signals broad-based strengthening of Bangladesh's economy, led by manufacturing, and pointed to improving business confidence, stronger external-sector prospects, improved foreign-exchange conditions, and expectations of a more supportive business environment following the FY2026-27 budget.