Islamabad August 15 2023: Pakistan Overall Large-Scale Manufacturing Sector has shown a decline of 10.26% during fiscal year 2022-23 when compared with the same period of last year.
The LSMI output decreased by 14.96% for June, 2023 when compared with June, 2022 and increased by 0.98% when compared with May 2023.
The main contributors towards overall growth of -10.26% are, Food (-1.14), Tobacco (-0.65), Textile (-3.65) Garments (2.79), Petroleum Products (-0.89), Chemicals (-0.52), Pharmaceuticals
(-1.85), Cement (-0.86), Iron & Steel Products (-0.24), Electrical Equipment (-0.54) and Automobiles (-2.21).
The production in July-June 2022-23 as compared to July-June 2021-22 has increased in Wearing apparel, Furniture and Other Manufacturing (Football) while it decreased in Food, Tobacco, Textile, Coke & Petroleum Products, Pharmaceuticals, Chemicals, Non-Metallic
Mineral Products, Machinery and Equipment, Automobiles and Other Transport Equipment.
