Business Desk :
The country’s apparel earnings saw a positive growth in August following a slump in July owing to Covid-19 restrictions. The readymade garments sector recorded an 11.56% growth in the last month compared to the same period last year.
Bangladesh exported apparels worth $2.75 billion from 1-30 August in the current fiscal year, up from $2.46 billion last year. BGMEA Director Mohiuddin Rubel said the growth in August was a result of Eid-ul-Adha being observed in July.
He said growth usually declines in the month of Eid and shipments are often pushed back to the next month, so the July growth was -11.02%, and August has made it up.
