An increase of 4.68 percent in the output of Large Scale Manufacturing Industries (LSMI) has been observed for August 2024 as compared to July 2024 according to the data released by Pakistan Bureau of Statistics (PBS). The output showed a decrease of 2.65 percent when compared to August 2023.
This data has been evaluated according to the information supplied by source agencies including OCAC, Ministry of Industries and Production, Ministry of Commerce and Provincial Bureaux of Statistics (BoS). According to the provisional quantum index numbers of the large-scale manufacturing industries, the LSMI quantum index number (QIM) estimated for August 2024 is 108.84.
Overall Large Scale Manufacturing Sector has shown a growth of -0.19 per cent during July-August 2024-25 when compared with the same period of last year. The main contributors towards overall growth of -0.19 per cent are, food (0.32), tobacco (0.39), textile (0.63) garments (2.15), iron and steel products (-0.71), electrical equipment (-0.63), petroleum products (0.51), automobiles (0.39), pharmaceuticals (-0.10), cement (-1.02) and furniture (-1.85).
The production In July-August 2024-25 as compared to July-August 2023-24 has increased in food 0.32 per cent, tobacco 0.06 per cent, textile 0.39 per cent, wearing apparel 0.63 percent, , automobiles 0.39 per cent, coke and petroleum products 0.02 per cent, chemicals 0.11 per cent, other transport equipment and other manufacturing (football) 0.08 per cent. While it decreased in pharmaceuticals by 0.10 per cent, rubber products 0.02 per cent, non-metallic mineral products -1.32 per cent, iron and steel products by 0.71 per cent, machinery and equipment by 1.85 per cent, electrical equipment 0.63 per cent, and furniture by 1.85 per cent.
