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This significant decline in textiles and apparel imports is a concerning indicator of the country&#**;s economic health. Economic uncertainties and elevated inflation have caused consumers to reduce their spending on discretionary items, such as clothing. Retailers, in turn, have been cautious in importing clothing due to a reduced demand in retail stores.
Breaking down the figures, textile imports stood at *,***.* MSME in May ****, a decline of **.* per cent from May ****. Apparel imports for the same month were *,***.* MSME, down by **.* per cent compared to May ****.
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