Large scale manufacturing: Sector posts growth of 1.85%

LSM grew by 4.06% during September when compared to the same month of last year


November 15, 2012

ISLAMABAD: Pakistan’s Large Scale Manufacturing (LSM) registered growth of 1.85% during the first quarter of the current fiscal year over the corresponding quarter of the previous year. On year-on-year basis, the LSM grew by 4.06% during September when compared to the same month of last year, data from Pakistan Bureau of Statistics (PBS) shows. The quantum index numbers – index based on quantity units of goods – of LSM stood at 105.67 points during the quarter against 103.74 points. Industries monitored by Oil Companies Advisory Committee registered increase of 0.25% growth while the indices of Ministry of Industries grew by 0.29% and Provincial Bureaus of Statistics by 1.31%.

Published in The Express Tribune, November 16th, 2012.

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