Islamabad April 16 2024: Pakistan Large Scale Manufacturing Index (LSMI) output increased by 0.06% for February, 2024 when compared with February, 2023 and decreased by 4.14% when compared with January 2024.
QIM estimated for July-February, 2023-24 is 117.99.
Overall Large Scale Manufacturing Sector has shown a growth of -0.51% during July- February 2023-24 when compared with the same period of last year.
The main contributors towards overall growth of -0.51% are, Food (0.46), Tobacco (-0.80), Textile (-1.75) Garments (0.46), Paper & Board (-0.08), Petroleum Products (0.24), Chemicals (0.55), Pharmaceuticals (1.21), Iron & Steel Products (-0.05), Electrical Equipment (-0.26), Automobiles (-1.14) and Furniture (0.72).
The sectors showing growth during July-Feb 2023-24 compared to July-Feb 2022-23 are given below: –
The sectors showing Decline during July-Feb 2023-24 compared to July-Feb 2022-23 are given below: –
The production in July-February 2023-24 as compared to July-February 2022-23 has increased in Food, Wearing apparel, Coke & Petroleum Products, Chemicals, Fertilizers, Pharmaceuticals, Machinery and Equipment and Furniture while it decreased in Tobacco, Textile, Paper & Board, Non Metallic Mineral Products, Iron & Steel Products, Electrical Equipment, Automobiles and Other Transport Equipment.