Bangladesh's export earnings witnessed a negative 6.25% growth year-on-year in September, despite over 14% growth a month ago.
The earnings were $4.16 billion in the same month last year.
Insiders blamed this on higher inflation and concerns of recession in the major export destinations owing to the prolonged Russia-Ukraine war.
Despite the decline, overall earnings from shipment were 13.3% higher to $12.49 billion in the July-September quarter of the current FY23, according to the Export Promotion Bureau (EPB.)
More to follow...