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LSMI production increases 7.1 pc in last 11 months

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The overall output of Large Scale Manufacturing Industries (LSMI) during 11 months of fiscal year 2021-22 witnessed about 7.1 percent growth as compared to the production of the corresponding period last year.

The LSMI output increased by 9.9 percent during the month of May, 2022 as compared to the same month of last year, meanwhile, it grew by 0.04 percent as compared with April 2022, according to the the provisional quantum indices of LSMI released by the Pakistan Bureau of Statistics.

The data was compiled for May 2022 with base year 2005-06, on the basis of latest figures supplied by the source agencies, it added.—APP

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