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%).
Current account deficit reduced by over $1bn in 8 months
- an hour ago
Actress Mariyam Nafees gives birth to first child
- 3 hours ago
2nd T20: Pakistan set New Zealand target of 136 runs to win
- 3 hours ago
Conservatives’ decades-long quest to destroy the Department of Education
- 4 hours ago
Over 220 health facilities at risk of closure in Afghanistan, says WHO
- 13 hours ago
Pakistan, WB reaffirm commitment to economic reforms and sustainable development
- 13 hours ago
Mother, daughters kidnapped from Sheikhupura rescued in Lahore
- an hour ago
Three Khawarij militants killed in Khyber District operation: ISPR
- 12 hours ago
Israeli’s worst bombing in Gaza, 200 Palestinians martyred, several injured
- 2 hours ago
Think twice before you smear beef tallow and salmon sperm on your face
- 4 hours ago
Anthropic’s plan to win the AI race
- 6 hours ago
Cricketer Junaid Zafar Khan dies of medical emergency during hot Adelaide match
- 14 hours ago
