Manufacturing sector experiences recovery after July 2022 dip
Manufacturing sector experiences recovery after July 2022 dip

The Pakistan Bureau of Statistics says the Large-Scale Manufacturing Index (LSMI) increased by slightly 0.01 percent for September, 2022 when compared with September, 2021 and 0.1 percent when compared with August 2022.

But overall Large-Scale Manufacturing Sector has shown a decline of 0.4 percent during July-September 2022-23 when compared with the same period of last year.

According to the data released by the Pakistan Bureau of Statistics, the production in July-September 2022-23 as compared to July-September 2021-22 has increased in wearing apparel, chemicals, iron and steel products, and furniture.

However, sectors like food, tobacco, textile, coke and petroleum products, pharmaceuticals, rubber products, non-metallic mineral products, fabricated metal, electrical equipment, machinery and equipment, automobiles and other transport equipment.

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