Bangladesh's GDP growth slows to 3.91% in Q4 FY24

The Q4 FY24 growth rate is also lower than that of the previous quarter, according to the Bangladesh Bureau of Statistics (BBS).

The steepest decline was seen in the industrial sector—growth was 3.98 per cent compared to 10.16 per cent in the year-ago period, with growth slowing in both construction and manufacturing.

Agriculture grew by 5.27 per cent in April-June of FY24 compared to 6.55 per cent in the same period of FY23.

BBS said GDP growth at current prices is estimated at Tk 13.784 lakh crore in the April-June quarter, compared to Tk12.161 lakh crore in the same period a year earlier.

ALCHEMPro News Desk (DS)