Islamabad November 18 2023: Pakistan Industrial output measured by Large Scale Manufacturing Industries (LSMI) for September, 2023 increased by 1.01 percent when compared with September, 2022, according to Pakistan Bureau of Statistics.
However, the index is down by 3.56 percent when compared with August 2023, according to the data.
Overall Large Scale Manufacturing Sector has shown a growth of 0.68 percent during July- September 2023-24 when compared with the same period of last year.
The main contributors towards overall growth of 0.68 percent are, Food (0.61), Tobacco (-0.71), Textile (-4.26) Garments (5.47), Petroleum Products (0.86), Chemicals (0.16), Pharmaceuticals (1.81), Cement (0.84), Iron & Steel Products (-0.11), Electrical Equipment (-0.47) and Automobiles (-1.45), Paper & Board (-0.18) and Furniture (-2.09).
The sectors showing growth during July-Sep 2023-24 compared to July-Sep 2022-23 are given below:
The sectors showing decline during July-Sep 2023-24 compared to July-Sep 2022-23 are given below: -
The production in July-September 2023-24 as compared to July-September 2022-23 has increased in Food, Beverages, Wearing apparel, Coke & Petroleum Products, Chemicals, Fertilizers, Pharmaceuticals, Non Metallic Mineral Products, Machinery and Equipment and Other Manufacturing (Football) while it decreased in Tobacco, Textile, Iron & Steel Products, Electrical Equipment, Automobiles, Other Transport Equipment and Furniture.