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Home Business LSMI output surges 2.25pc in July: PBS

LSMI output surges 2.25pc in July: PBS

by News desk
September 16, 2021
in Business

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Islamabad

The large-scale manufacturing industries (LSMI) of the country witnessed a growth of 2.25 percent in July 2021 on a year-on-year basis as compared to July 2020.

According to the data shared by Pakistan Bureau of Statistics (PBS) on Wednesday, the LSMI decreased by 4.91 percent in July on a month-on-month basis compared to June.

The PBS said that production in July 2021 as compared to July 2020 has witnessed increase in textile, pharmaceuticals, chemicals, automobiles, iron & steel products and fertilizers while it decreased in non metallic mineral products. —TLTP