Imports in Pakistan
Pakistan - Imports (percent change)The economy will have received a severe hit from the coronavirus pandemic and subsequent lockdown measures in the final quarter of FY 2020 (April–June). Industrial production contracted 42% April, while exports plummeted in April–June on extinguished demand for textiles. On a brighter note, remittances surged by over one-half year-on-year in June, chiefly driven by a steep rise in remittances received from Saudi Arabia and the United Kingdom, which should be propping up household spending. Turning to Q1 of FY 2021, economic activity should be gaining some momentum as most nationwide lockdown measures were eased in late May. That said, the number of new cases remains elevated and the government plans to take a targeted lockdown approach to mitigate the spread while also limiting the impact on economic activity.
Pakistan - Imports (%) Data
|Imports (annual variation in %)||-0.8||-0.6||16.7||16.0||-6.8|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||11.00||0.0 %||Jan 01|
|Exchange Rate||154.9||-0.05 %||Jan 01|
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