Import growth declines

The import growth rate came down to 13.6% during July-January FY2012 from about 44.0% during the corresponding period of FY2011.

Reasons:
1. Lower imports of food grains (good harvest and higher food grain stock, especially in the public sector)
2. Lower imports of consumer items, particularly non-essential ones (impact of Bangladesh Bank's instructions?)
3. Slower growth in industrial raw materials import. 

Here is the news link.