7.68% rise in mobile phone import in eight months

Mobile phone imports are on the rise in the country touching $ 465 million in first eight months (July-Feb) of the current fiscal year 2014-15.

This means the import of mobile phones has witnessed an increase of 7.68 percent during the period as compared to same term last year. According to provisional figures from the Pakistan Bureau of Statistics (PBS), the cell phone imports during these eight months amount to US $ 465.658 million which represents an increase of US $ 33.225 million over the $ 432.433 million spent on imports during last fiscal year.

When comparing the February 2015 data on a month over month and year over year basis, mobile phone imports in the country rose by 28.61 percent and 62.82 percent over the imports during February 2014 and January 2015 respectively.