Islamabad June 16 2022: Large Scale Manufacturing Industries (LSMI) production drop by 13.3 percent during the month of April 2022 as compared to the previous month, Pakistan Bureau of Statistics (PBS) reported Thursday.
However, the LSMI output increased by 15.4 percent for April, 2022 when compared with April, 2021 and decreased by 13.3 percent when compared with March 2022., according to latest PBS data.
On year-on-year basis (YoY), the LSM rose by 10.7 percent during July-April (2021-22) compared to the growth of July-April (2020-21), according to PBS latest data.
The main contributors towards overall growth of 10.7% are Sugar (2.0), Cigarettes (0.3), Garments (3.2), Woolen Blankets (0.6), Liquids/syrups (1.5), Chemical Products (0.5), Glass plates & sheets (0.3), Billets/Ingots (0.5), Jeeps & Cars (1.3) and Furniture (1.2).
The production in July-April 2021-22 as compared to July-April 2020-21 has increased in Food, Beverages & Tobacco, Wearing apparel, Textile, Chemicals, Automobiles, Iron & Steel products, Leather Products and Paper & Paperboard while it decreased in Rubber Products and Other Transport Equipment.
