The agriculture sector posted its fifth month of expansion, while the manufacturing sector recorded its sixth month of expansion. Both sectors grew at a faster pace, the data show.
Business confidence remains weak due to sluggish demand, energy disruptions and continued protests.
Sustained recovery depends on improved law and order, political consensus on the election roadmap, and expedited implementation of priority reforms.
The manufacturing PMI increased to 72.6 last month from 68.5 in January, and recorded faster expansion in new orders, factory output, input purchases and supplier deliveries, domestic media outlets reported.
However, there was slow growth in new exports, finished goods, imports, and employment.
The monthly PMI is prepared by the Metropolitan Chamber of Commerce and Industry and the Policy Exchange Bangladesh.
ALCHEMPro News Desk (DS)
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