Pakistan LSMI output falls 3.5% YoY in June 2026

News Image

MG News | August 18, 2026 at 06:07 PM GMT+05:00

August 18, 2026 (MLN): Pakistan's Large Scale Manufacturing Industries (LSMI) output fell 3.48% year-on-year (YoY) in June 2026 and declined 6.08% month-on-month (MoM), according to provisional data released with base year 2015-16.

The Quantum Index of Manufacturing (QIM) was recorded at 108.83 in June 2026, compared to 112.75 in June 2025 and 115.87 in May 2026.

On a cumulative basis, the sector posted 4.98% growth during July–June FY26, with the QIM averaging 120.55, up from 114.83 in the same period last year.

Automobiles and cement led the month's performance, while garments and iron and steel weighed on monthly output.

Growth of Major Manufacturing Items

Manufacturing Sector

Weight%

% Change June-26

% Change Jul-June 2025-26

Cotton Yarn

8.88

-1.85

1

Cotton Cloth

7.29

0.17

0.17

Garments

6.08

-13.45

5.49

Petroleum Products

6.66

0.7

9.7

Fertilizers

3.93

0.83

-1.99

Cement

4.65

9.76

7.36

Iron & Steel

3.45

-11.75

-7.84

Automobile

3.1

50.53

57.77

 

The automobile sector maintained its strong growth trajectory with a 50.53% increase in June and a cumulative 57.77% surge during July–June FY26. Cement rose 9.76% during the month, taking its cumulative gain to 7.36%.

Petroleum products edged up 0.70% in June, sustaining a 9.70% cumulative gain, while fertilizers posted a marginal 0.83% monthly increase even as the cumulative reading remained in decline at 1.99%.

Garments fell sharply by 13.45% in June despite retaining a 5.49% cumulative gain. Cotton yarn slipped 1.85% during the month, with the cumulative reading still positive at 1.00%. Iron and steel continued its downward trend, falling 11.75% in June and 7.84% cumulatively.

Sectoral Contributions

The main contributors toward the overall 4.98% cumulative growth were automobiles (1.56 percentage points), food (1.21), garments (0.91), petroleum products (0.72), electrical equipment (0.37), cement (0.41), furniture (0.28), other transport equipment (0.27), and tobacco (0.19).

Conversely, pharmaceuticals (-0.54), iron and steel products (-0.34), chemicals (-0.20), and textile (-0.11) weighed on overall growth.

The mixed performance in June reflects a sharp slowdown in month-specific momentum even as cumulative manufacturing growth held firm for the full fiscal year, with automobiles, food and cement continuing to anchor the sector while pharmaceuticals, iron and steel, and garments came under pressure during the month.

Copyright Mettis Link News

 

 

 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 163,924.32
118.89M
-1.21%
-2006.67
ALLSHR 99,526.88
364.30M
-1.08%
-1083.61
KSE30 48,313.81
50.96M
-1.53%
-750.07
KMI30 235,637.18
55.46M
-1.36%
-3247.37
KMIALLSHR 64,683.09
191.88M
-0.90%
-587.30
BKTi 45,181.21
14.21M
-1.56%
-715.82
OGTi 33,395.61
3.57M
-0.82%
-277.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 81,435.00 84,945.00
81,295.00
-3180.00
-3.76%
BRENT CRUDE 111.28 112.68
109.81
2.46
2.26%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-1.75
-1.34%
ROTTERDAM COAL MONTHLY 147.10 0.00
0.00
1.80
1.24%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 98.36 100.09
97.72
1.21
1.25%
SUGAR #11 WORLD 20.23 20.64
20.21
-0.22
-1.08%

Chart of the Day


Latest News
October 22, 2026 at 08:18 PM GMT+05:00

Pakistan as an Emerging Power in Global Minerals


October 22, 2026 at 06:19 PM GMT+05:00

SCRA balance rises by Rs9.7bn during week


October 22, 2026 at 04:54 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola


October 22, 2026 at 04:14 PM GMT+05:00

PKR firms up against USD, KIBOR falls 1bps



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg