Telecom imports fall 0.66% in 11 months | Pakistan Today

Telecom imports fall 0.66% in 11 months

The imports of telecom related products into the country fell by 0.66 per cent in the first 11 months (July-May) of the current fiscal year (2015-16) as compared to the same period of last year.

The telecom imports decreased to $1.256 billion during the period July-May (2015-16) from $1.265 billion during the same period of the year 2014-15.

According to latest data released by the Pakistan Bureau of Statistics (PBS), on month-on-month basis, the telecom imports also declined by 10.38 per cent from $110.715 million in April to $99.227 million in May.

On year-on-year basis, the telecom imports posted a growth of 15.92 per cent as the imports in May 2015 were recorded at $85.6 million.

The imports of mobile phone during the first 11 months of current year posted a growth of 5.11 per cent from $653.813 million during the first 11 months of the previous fiscal year to $687.249 million during the same period of the current fiscal year.

On year-on-year and month-on-month basis the mobile phone import decreased by 10.55 per cent in May 2015 and 16.35 per cent in April 2016 respectively when compared to the imports of May 2016.

The mobile imports decreased from $58.035 million in May 2015 and $62.059 million in April 2016 to $51.911 million in May 2016.



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