BUSINESS

Exports slip to $3.9 billion last month

Bangladesh’s exports slipped to $3.9 billion in September as the flow of orders for garments slowed amid higher inflation and concerns of recession due to Russia-Ukraine war.

Despite the decline, overall earnings from shipment were 13.3 per cent higher to $12.49 billion in the July-September quarter of the current fiscal year of 2022-23.

According to the Export Promotion Bureau (EPB), the export of readymade garments, which grew 26 per cent in the July-August period, registered a 13.4 per cent growth in the last three months.

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