LSMI output decreases by 4.14% MoM in February

News Image

By MG News | April 16, 2024 at 05:53 PM GMT+05:00

0:00

April 16, 2024 (MLN): Pakistan’s Large Scale Manufacturing Industries (LSMI) production decreased by 4.14% MoM in February 2024 with the index at 126.01 compared to 131.45 in January 2024, the Pakistan Bureau of Statistics (PBS) reported today.

On the other hand, on a yearly basis, the LSMI output witnessed a slight rise of 0.06% YoY against 125.93 recorded in February 2023.

Cumulatively in 8MFY24, LSMI has shown a negative growth of 0.51% when compared with the same period of last year.

The main contributors towards negative growth of 0.51% in 8MFY24, Food (0.46), Tobacco (-0.80), Textile (-1.75) Garments (0.46), Paper & Board (-0.08), Petroleum Products (0.24), Chemicals (0.55), Pharmaceuticals (1.21), Iron & Steel Products (-0.05), Electrical Equipment (-0.26), Automobiles (-1.14), and Furniture (0.72).

The production in July-February FY24 as compared to July-February FY23 has increased in Food, Wearing apparel, Coke & Petroleum Products, Chemicals, Fertilizers, Pharmaceuticals, Machinery and Equipment and Furniture while it decreased in Tobacco, Textile, Paper & Board, Non Metallic Mineral Products, Iron & Steel Products, Electrical Equipment, Automobiles, and Other Transport Equipment.

The provisional quantum indices of LSMI for February 2024 with the base year 2015-16 have been developed on the basis of latest data supplied by the source agencies.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 116,167.47
196.19M
-3.21%
-3855.77
ALLSHR 72,520.45
592.09M
-3.25%
-2436.50
KSE30 35,407.35
91.90M
-3.08%
-1125.88
KMI30 169,941.57
107.37M
-4.34%
-7706.50
KMIALLSHR 49,473.13
343.03M
-3.77%
-1939.83
BKTi 29,738.38
20.43M
-1.40%
-423.47
OGTi 25,820.06
11.54M
-4.40%
-1188.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,235.00 106,185.00
103,850.00
1940.00
1.88%
BRENT CRUDE 68.96 69.45
68.23
-2.52
-3.53%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.35
-3.67%
ROTTERDAM COAL MONTHLY 103.85 0.00
0.00
0.10
0.10%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.93 67.83
64.38
-2.58
-3.77%
SUGAR #11 WORLD 16.52 16.78
16.49
-0.05
-0.30%

Chart of the Day


Latest News
June 24, 2025 at 06:01 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 23, 2025 at 11:15 PM GMT+05:00

Iran fires missiles at U.S. Bases in Qatar, Iraq


June 23, 2025 at 10:59 PM GMT+05:00

Qatar temporarily closes airspace over security concerns



Top 5 things to watch in this week

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