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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

LSMI output increases by 13.51% MoM during December

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February 12, 2021 (MLN): The Large Scale Manufacturing Index (LSMI) output increased by 11.40% for Dec, 2020 compared to Dec, 2019 and 13.51% if compared to Nov 2020.

Month-wise trend of QIM from Nov, 2018 to Dec, 2020 is given in the following graph:-

According to monthly data released by Pakistan Beraeu of Statistics, the overall output of LSMI increased by 8.16% for July-December 2020-21 compared to July-December 2019-20.

The production in July-December 2020-21 as compared to July-December 2019-20 has increased in Textile, Food, Beverages & Tobacco, Coke & Petroleum Products, Pharmaceuticals, Chemicals, Non Metallic Mineral Products, Automobiles, Fertilizers and Paper & Paperboard while it decreased in Electronics, Leather Products and Engineering Products.

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Posted on: 2021-02-12T17:48:00+05:00

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