The Large Scale Manufacturing Industries (LSMI) output has registered agrowth of 11.7 percent during July-May 2021-22 as compared to the sameperiod of 2020-21, Pakistan Bureau of Statistics (PBS) said.
According to the Provisional Quantum Index Numbers of Large ScaleManufacturing Industries (QIM), the LSMI output for May 2022 decreased by1.3 percent on a month-on-month basis when compared with April 2022 andincreased by 21.4 percent year on year (YoY) when compared to May 2021,with the base year, 2015-16.
QIM estimated for July-May, 2021-22 is 126.9 and for May 2022 is 130.7. Theproduction in July-May 2021-22 as compared to July-May 2020-21 hasincreased in food, beverages & tobacco, wearing apparel, textile,chemicals, automobiles, iron & steel products, leather products, and paper& paperboard while it decreased in rubber products and other transportequipment.
The LSM data released by the PBS with the base year 2015-16 showed that themain contributors towards the overall growth of 11.7 percent are sugar(1.8), cigarettes (0.3), garments (3.8), woolen blankets (0.7),liquids/syrups (1.7), chemical products (0.7), billets/ingots (0.5), cement(-0.3), glass sheet (0.4), jeeps & cars (1.3) and furniture (1.2).
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Textile, the top contributing sector to the overall big industry output,increased by 4.1 percent, food 9.8 percent, tobacco 12.9 percent, wearingapparel 49.7 percent, chemicals 9 percent, automobiles 52.7 percent, ironand steel products 16.5 percent, leather products 0.6 percent, woodproducts 125 percent, paper and board 8.9 percent, cock and petroleumproducts 1.7 percent, chemical products 9 percent, fertilizers 2.8 percent,machinery and equipment 12.8 percent, furniture 233.1 percent and othermanufacturing (football) 43 percent during July-May 2021-22 compared to thesame period of 2020-21.
The sectors showing decline during July-May 2021-22 compared to July-May2020-21 included rubber products 17.3 percent and other transport equipment11 percent.
