Islamabad September 18 2023: Pakistan manufacturing growth measured by the LSMI output decreased by 1.09 percent for July 2023 when compared with July 2022 and 3.62 percent when compared with June 2023.
The main contributors towards overall growth of -1.09 percent are, Food (1.14), Tobacco (0.30), Textile (-4.69) Garments (4.31), Petroleum Products (-0.16), Chemicals (0.49), Pharmaceuticals (2.28), Cement (1.52), Iron & Steel Products (-0.14), Electrical Equipment (-0.97) and Automobiles (-2.59), Paper & Board (-0.38) and Furniture (-1.85).
The production in July 2023 as compared to July 2022 has increased in Food, Tobacco, Wearing apparel, Chemicals, Pharmaceuticals, Non Metallic Mineral Products and Other Manufacturing (Football) while it decreased in Beverages, Textile, Coke & Petroleum Products, Iron & Steel Products, Electrical Equipment, Automobiles, Other Transport Equipment and Furniture.
