Pakistan

Mobile phone import rises 6.77pc

Published March 30, 2016 Updated March 30, 2016 02:50pm

ISLAMABAD: The imports of mobile phone into the country rose by 6.77 percent 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 Pakistan Bureau of Statistics ( PBS), the imports however fell on year-n-year basis, by 12.63 percent 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 percent 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 percent 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 percent and 20.27 percent respectively.

Copyright APP (Associated Press of Pakistan), 2016