Low AUP hindering Forex earning

December 12, 2008 (Pakistan)

Available statistics show that average unit price (AUP) of domestic products in the international market has declined sharply during the ongoing economic year. Data show that during July to October period of present fiscal, the AUP of most of the value-added textile products registered plunge over the corresponding period of previous year. The AUP of readymade garments fell almost 5 percent during the said period in comparison to similar period previous year. For knitwear, fall was nearly 10 percent. Bedwear registered decrease of over 9 percent; towel by 6 percent; Art silk and synthetic textile was down by about 4 percent.