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Machinery group imports reduced by 5.78pc

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Staff Reporter

Islamabad

Machinery group imports during first five months of current fiscal year reduced by 5.78 per cent as compared the corresponding period of the last year.
According to Pakistan Bureau of Statistics (PBS), the Machinery group imports came down from $3,580,401 thousand in FY 2019-20 of last financial year to $3,373,343 thousand of the same period of current financial year. During the period from July-Nov 20 this year, imports of Textile machinery reduced by 6.07%, worth $182,761 thousand as compared the imports valuing $194,570 thousand of same period of last year, it added.
Meanwhile, Construction and Mining Machinery imports decreased by 30.87 percent, worth US $ 47,376 thousand as compared the imports of valuing $68,529 thousand.—APP

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