Pakistan's large-scale manufacturing grows 9.13pc
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The LSMI Quantum Index Number (QIM) was recorded at 175.15 points.
ISLAMABAD (APP) - The Large Scale Manufacturing Industries (LSMI) production grew by 9.13 percent on year-on-year basis during the month of January 2021 as compared to the corresponding month of last year, Pakistan Bureau of Statistics (PBS) reported Tuesday.
The LSMI Quantum Index Number (QIM) was recorded at 175.15 points during January 2021 against 160.49 points during January 2020, showing positive growth of 9.13 percent, according to the latest PBS data.
During the first seven months of the current fiscal year, the overall production increased by 7.85 percent compared to the corresponding period of last fiscal year. The industrial production during July-January (2020-21) was recorded at 147.22 points against the output of 136.49 points during July-January (2019-20).