LSM

Output drops by 9.35%, while QIM dips to 115.5 in March 2024

3.43% growth pushes QIM to 132.87 in Dec 2023 compared to 128.37 in Dec 2022

Recent steps for sustainable recovery fail to tackle underlying structural issues

Spike comes as government’s pro-growth policies drive expansion in 10 out of 15 sectors

Higher export orders, industries running near full capacity aid growth

Expansion led by strong performance in textile, food, beverages, automobile sectors

Increase will help offset impact of poor cotton production in agriculture sector

Despite Covid-19 pandemic, industrial output growth accelerates to 22-month high

Growth in line with government’s expectations of recovery

Rise comes in wake of increased output in food, textile and mineral sectors

Decline in large industries highlights need for review of economic policies

LSM records decline of 5.4% in Jul-Mar FY20, auto worst impacted sector that contracts 36.5%

Big businesses bearing the brunt of very high interest rate

Standards for import of agri-products are likely to be more restrictive in face of deadly virus

Fundamental conditions causing economic slowdown remain unchanged

Macroeconomic stabilisation policies spark supply, demand-side pressures

Output of big industries drops 3.64% in FY19 due to tight fiscal, monetary policies

Govt sees dire need for conducting latest census of manufacturing industries

Jul-Mar FY17 expansion is higher than 4.6% in same period of previous year

PBS data says manufacturing sub-sector grew at 3.2%, not 4.61% in FY16

Energy crisis, slump in global commodity prices behind lack of pace

Sector grows 4.82% in August, faces challenges of access to credit, energy shortage