Economic instability halted the growth of LSM production
Large Scale Manufacturing Industries (LSMI) in the country showed a growth of 0.68 per cent during the first quarter of the current fiscal year.
Adil Aziz
LSM witnesses nominal growth in September
The production of Large-Scale Manufacturing Industries (LSMI) witnessed nominal growth of 0.01 per cent on year-on-year (YoY) basis during the month of September 2022 as compared to the same month of last year. The LSMI index went slightly up from 115.01 points in September 2021 to 115.02 points in September 2022. On a month-on-month basis…
Big industry grows by 0.6 percent in August
The production of Large-Scale Manufacturing Industries (LSMI) witnessed a growth of 0.6 percent on year-on-year (YoU) basis during the month of August 2022 compared to the same month of last year. The LSMI index went up from 114.1 points in August 2021 to 114.8 points in August 2022. On month-on-month basis (MoM), the industry grew…
Large industry grows 7% in 3 quarters, 26.9% in March 2022
The LSMI Quantum Index Number (QIM) was recorded at 161.2 points during July-March (2021-22) against 150.7 points during July-March (2020-21), showing growth of 7 percent, according to latest PBS data. On year-on-year basis (YoY), the industry rose by 26.9 percent during the month of March 2022 compared to the growth of March 2021, according to…
Indicators show economy performing well despite challenges
Economic experts believe that political stability was imperative to continue the trend As demonstrated by various indicators, the county’s economy has been performing well so far despite global economic shocks caused due to Covid-19 pandemic and disruption in supply chain, hence necessitating the need for stability at political front to continue the trend. The economic…