Exports climb on apparel boost

Exports grew 7.11 percent year-on-year to $2.95 billion in April riding on the higher shipment of garment items. Although the receipt is 0.51 percent higher than the monthly target of $2.94 billion, it was the lowest in six months. Overall, exports rose 6.41 percent year-on-year to $30.40 billion in the July-April period. The earnings narrowly missed the periodic target of $30.49 billion, according to data from the Export Promotion Bureau.