Industrial output in Bangladesh grew at its slowest pace since the Covid-19 pandemic, hitting 6.66 percent last fiscal year owing to declining exports, import restrictions and a slowdown in domestic demand due to persistent inflation.
According to entrepreneurs and analysts, soaring gas and power prices, alongside shortages in the supply of gas to production units, exacerbated the situation.
Factory output grew 8.37 percent in FY23, according to data published by the Bangladesh Bureau of Statistics (BBS). Read More…
