Bangladesh's factory output grew 6.66 percent in the current fiscal year, the slowest pace of expansion since the Covid-19 pandemic hit the country, as the stubbornly high inflation hurt domestic demand and the shipment of export-oriented goods slowed.
A recession is a substantial decline in overall economic activity, lasting more than a few months, typically visible in real gross domestic product, actual income, employment, industrial production, and wholesale-retail sales.
Bangladesh's factory output grew 6.66 percent in the current fiscal year, the slowest pace of expansion since the Covid-19 pandemic hit the country, as the stubbornly high inflation hurt domestic demand and the shipment of export-oriented goods slowed.
A recession is a substantial decline in overall economic activity, lasting more than a few months, typically visible in real gross domestic product, actual income, employment, industrial production, and wholesale-retail sales.
