Karachi: Pakistan Bureau of Statistics (PBS) Wednesday reported that the Large Scale Manufacturing Industries’ (LSMI) production grew up by 2.25 percent during the first month of fiscal year 2021-22 as compared to the corresponding month of FY2020-21.


The LSMI Quantum Index Number (QIM) was recorded at 138.01 points during July 2021 against 134.97 points during July 2020, showing growth of 2.25 percent, latest PBS data suggested.
The highest increase of 1.57 percent was witnessed in the indices monitored by the Provincial Boards of Statistics (PBoS), followed by 0.89 percent increase in indices monitored by the Ministry of Industries.
However, the indices monitored by Oil Companies Advisory Committee (OCAC) witnessed negative growth of 0.22 percent.
The major sectors that showed positive growth during July 2021 included textile (0.35%), food, beverages and tobacco (0.09), pharmaceuticals (0.84%), chemicals (0.36%), automobiles (2.10%), iron and steel products (0.42%). fertilizers (0.22%), electronics (0.05%), leather products (0.10%) and engineering products (0.01%).

TTP camps destroyed in Khyber Pakhtunkhwa during police operation
- 3 hours ago

FM reveals no plans for salary boost or pension increase in new budget
- 4 hours ago

Trump’s attacks on higher ed could provide a chance to reimagine the university
- 4 hours ago

Houthis launch twin attacks on USS Harry Truman
- 3 hours ago
SpaceX aims to send robots to Mars by 2026, humans expected by 2029-2031
- 4 hours ago

UConn-Creighton ends in scuffle over 'fancy' dunk
- 3 hours ago
Wolf attack in Central Kurram leaves 9 injured, including child
- 4 hours ago
Weekend US tornadoes leave at least 40 dead
- 3 hours ago
Five family members of SHO injured in grenade attack in Khuzdar
- an hour ago

Security meeting scheduled amid rising terror threats in Pakistan
- 4 hours ago

Gold glitters, historic high in Pakistan
- 3 hours ago

PSX continues rally as KSE-100 gains 663 points amid IMF optimism
- 4 hours ago