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Bangladesh’s PMI rises to 55.7 in October, signaling economic recovery

DHAKA, Nov. 7 (Xinhua) — The Purchasing Managers’ Index (PMI) for Bangladesh increased by 6.0 points in October from the previous month to revert to an expansion at 55.7, after recording three months of consecutive contractions, the country’s mainstream trade organization said Thursday.

The latest readings provide early indications of a return to expansion track for the Bangladesh economy with agriculture, cons