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Sunday, March 11, 2012

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.

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.

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