Bangladesh’s manufacturing sector continued to show signs of recovery and resilience as the country’s Purchasing Managers’ Index (PMI) reached 53.1 in June, indicating expansion for the second consecutive month. This uptick reflects improving business conditions, growing factory output, and renewed confidence across industrial sectors. A PMI reading above 50 signals growth, and the latest figure points to a solid improvement in overall industrial activity. According to data from the Standard Chartered PMI survey, output and new orders rose in June, supported by strong domestic demand and supply chain stabilization. The survey revealed that many manufacturers experienced increased order volumes, prompting higher production rates and renewed hiring activity. Businesses also reported better access to input materials and greater confidence in the short-term economic outlook. This growth trend is especially encouraging as it follows months of global uncertainty and inflationary pressure. One of the key drivers of the positive PMI reading is the gradual improvement in raw material availability and cost management. Firms were able to fulfill orders more efficiently, reducing lead times and improving delivery performance. This operational efficiency is helping to stabilize production planning and workforce scheduling. Employment in the manufacturing sector also saw a modest rise, as companies added workers to meet rising output needs. Business sentiment remained upbeat, with firms expressing optimism about future production levels based on expectations of continued demand growth and supportive government policy. The PMI data reflects momentum across several sub-sectors, including textiles, food processing, light engineering, and construction materials. With export demand showing signs of recovery and domestic consumption remaining strong, the manufacturing sector is poised to contribute meaningfully to economic growth in the coming months.mEconomists have welcomed the June PMI figures as a positive sign of resilience in Bangladesh’s industrial economy. Despite global headwinds, the country’s manufacturers are demonstrating adaptability and strength, supported by improving logistics and financial access. Policymakers are encouraged by these indicators as they seek to support sustainable industrial growth. Continued investment in infrastructure, energy access, and trade facilitation will be key to sustaining this momentum and positioning Bangladesh as a competitive manufacturing hub in South Asia. As the PMI trend continues upward, it sends a strong signal to investors and businesses that Bangladesh’s manufacturing engine remains active and ready to support the country’s broader development goals.
Bangladesh’s Manufacturing Sector Expands as June PMI Reaches 53.1
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