Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Large Scale Manufacturing decreases by 1.71% in first quarter of FY19

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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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Posted on: 2018-11-23T20:55:00+05:00

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