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%).

Bangladesh’s 2025 tour of Pakistan confirmed for white-ball series
- 3 hours ago

Terrorism has no home on Pakistani soil: PM
- 5 hours ago

SBP clarifies regarding issuance of new currency notes on Eid
- 4 hours ago
Gold prices hit historic highs amid global economic concerns
- 2 hours ago

Saudi authorities arrest 50 people, including 11 women, for prostitution charges
- 3 hours ago

Nagpur riots: Hindu extremist group demands destruction of Aurangzeb's tomb
- 2 hours ago

JI chief offers help for Afghanistan talks, slams govt’s approach to national security
- 3 hours ago

Dollar surges as forex markets struggle amid IMF delays, economic pressures
- 11 minutes ago

Eid u-Fitr holidays announced in UAE
- 4 hours ago

Mustafa Amir murder case: Father and son clash in court during case hearing
- an hour ago
KP govt allocates Rs5.5bn for police counter-terrorism equipment
- 4 hours ago
Jaffar Express resumes operations after terrorist attack
- 3 hours ago