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%).

Terrorism has no home on Pakistani soil: PM
- an hour ago

Army Chief arrives in Parliamentary Committee on National Security meeting
- 3 hours ago

Eid u-Fitr holidays announced in UAE
- 40 minutes ago

FO highlights objectives of PM Shehbaz’s visit to Saudi Arabia
- 2 hours ago

Bahraini National Guard Commander meets COAS Asim Munir
- 4 hours ago

CTD kill three terrorists in Bannu, Charsadda
- 2 hours ago

24 dengue cases reported in Karachi
- 2 hours ago

‘Aghosh’ program: New mothers, pregnant women in Punjab to get Rs23,000
- 3 hours ago

SBP clarifies regarding issuance of new currency notes on Eid
- 16 minutes ago

Mercedes-Benz is hedging its bets with rebooted CLA sedan
- an hour ago

Mother, daughters kidnapped from Sheikhupura rescued in Lahore
- 5 hours ago

LHC orders to form committee to investigate harassment in educational institutions
- 3 hours ago