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LSMI output declines by 0.44% in first four months

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Large Scale Manufacturing Industries (LSMI) in the country witnessed a negative growth of 0.44 percent during the first four months of the current fiscal year as compared to the corresponding period of year 2021-22, the Pakistan Bureau of Statistics (PBS) reported.

The provisional quantum indices of Large Scale Manufacturing Industries (LSMI) for October 2023 with the base year 2015-16 have been developed based on the latest data supplied by the source agencies.

On a year-on-year basis, PBS posted a decrease of 4.08% in the LSMI sector compared to the industrial output of October 2022, according to PBS data.—APP

 

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