Islamabad December 16 2021: The Large Scale Manufacturing Index (LSMI) output fell by 1.19 percent for October 2021 compared to October 2020 and increased by 1.86 percent if compared to September 2021, as per data published by Pakistan Bureau of Statistics.
This is first monthly drop since June 2020 according to data of PBS.
The production in October 2021 as compared to October 2020 has increased in Textile (0.48 percent), Food, Beverages & Tobacco (3.3 percent), Coke & Petroleum Products (14.75), Automobiles (22.31 percent), Iron & Steel products (5.67 percent), Leather Product (0.61 percent), Paper & Paperboard (4.14 percent) and wood products (13.23 percent) while it decreased in Pharmaceuticals (6.33 percent), Chemicals (0.73 percent), Non Metallic Mineral Products (12.27 percent), Fertilizers (6.69 percent), Electronics (10.92 percent) and Rubber Products (34.37 percent).
The overall output of LSMI increased by 3.56 percent for July-October 2021-22 compared to July-October 2020-21.
The production in July-October 2021-22 as compared to July-October 2020-21 has increased in Textile (0.91 percent), Food, Beverages & Tobacco (5.15 percent), Coke & Petroleum Products (7.33 percent), Pharmaceuticals (6.55 percent), Chemicals (3.14 percent), Automobiles (37.91 percent), Iron & Steel products (11.62 percent) and Paper & Paperboard (9.39 percent) while it decreased in Non Metallic Mineral Products (2.66 percent), Fertilizers (7.23 percent), Electronics (10.92 percent) and Rubber Products (32.23 percent).