Large Scale Manufacturing decreases by 1.71% in first quarter of FY19
MG News | November 23, 2018 at 08:55 PM GMT+05:00
Pakistan's over-all output of LSMI decreased by 1.71% for July-September, 2018-19 compared to July-September, 2017-18.
According to data released by the Pakistan Bureau of Statistics, the LSMI output increased by 1.83% for September, 2018 compared to September, 2017 and 1.32% if compared to August 2018.
The production in Jul-Sep 2018-19 as compared to Jul-Sep 2017-18 has significantly decreased in Food, Beverages & Tobacco, Coke & Petroleum Products, Pharmaceuticals, Non Metallic Mineral Products and Fertilizers while it has increased in Electronics and Paper & Board.
As a result, overall Large Scale Manufacturing Sector has shown decline of 1.71% during July-September 2018-19 when compared with the same period of last year.
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