Bangladesh’s economic growth momentum softened in August, with the country’s Purchasing Managers’ Index (PMI) dropping by 3.2 points to 58.3 compared to July, according to a report released on Sunday.

The PMI, jointly compiled by the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, and Policy Exchange Bangladesh (PEB), indicated that while the economy has now registered 11 consecutive months of growth, key sectors such as agriculture and construction slipped back into contraction.