High exports quar­ter

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Pak­istan’s tex­tile exports reg­is­tered a 25 per­cent rise to $3.466 bil­lion dur­ing the first quar­ter (July-sept) of the cur­rent fis­cal year as against $2.772 bil­lion in the cor­re­spond­ing quar­ter last year, ac­cord­ing to the data re­leased by the State Bank of Pak­istan (SBP).

An­a­lysts at­trib­uted growth in tex­tile exports mainly to the rise in unit prices. “The in­fla­tion­ary pres­sure in the in­ter­na­tional mar­kets is not over and it will con­tinue to ben­e­fit the lo­cal tex­tile exports,” ac­cord­ing to an econ­o­mist at TDAP.

Sim­i­larly, dur­ing the same pe­riod, exports un­der the food group stood at $917 mil­lion, ris­ing from pre­vi­ous fig­ures of $794 mil­lion. Exports of pe­tro­leum prod­ucts also reached $394 mil­lion dur­ing July-septem­ber 2011, as against $332 mil­lion in the same quar­ter last year. Ex­port of other man­u­fac­tur­ing prod­ucts fetched $1.134 bil­lion, which is higher than the $986 mil­lion earned in the same pe­riod last year

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