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
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.
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.