Mobile phone import witnesses rise of 6.77pc

0
130

The imports of mobile phone into the country rose by 6.77 per cent in first eight months (July-February) of current fiscal year (2015-16) as compared to same period of last year.

The mobile phone imports increased to $497.192 million during the period July-February (2015-16) from $465.649 million during the period July-January (2014-15).

According to latest data released by the Pakistan Bureau of Statistics (PBS), the imports however fell on year-on-year basis by 12.63 per cent from $73.156 million in February 2015 to $63.915 million in February 2016.

Likewise, on month-on-month basis, the mobile import posted a growth of 9.8 per cent as it was recorded at $58.213 million in January 2016. The overall telecom import during first eight months of current year fell by 3.84 per cent from $97.193 million last year to $96.362 million during the period of current fiscal year. On year-on-year and month-on-month basis, the telecom import increased from $115.443 million in February 2015 and $104.761 million in January 2016 to $125.995 million in February 2016, thus showing an increase of 9.14 per cent and 20.27 percent respectively.