No Result
View All Result
Saturday, July 19, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    file photo

    Shah Rukh Khan suffers injury on Set of upcoming film King

    Saiyaara

    Will Ahaan Panday’s ‘Saiyaara’ have an OTT release?

    Sumbal Malik

    Leaked video of TikToker Sumbal Malik sparks uproar on social media

    Nikita Roy

    Is Sonakshi Sinha’s ‘Nikita Roy’ based on a true story?

    Kareena Kapoor

    Kareena Kapoor to romance much younger co-star in bold new role

    Zareen Khan

    Zareen Khan hits back at trolls over viral video with Katrina Kaif

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    file photo

    Shah Rukh Khan suffers injury on Set of upcoming film King

    Saiyaara

    Will Ahaan Panday’s ‘Saiyaara’ have an OTT release?

    Sumbal Malik

    Leaked video of TikToker Sumbal Malik sparks uproar on social media

    Nikita Roy

    Is Sonakshi Sinha’s ‘Nikita Roy’ based on a true story?

    Kareena Kapoor

    Kareena Kapoor to romance much younger co-star in bold new role

    Zareen Khan

    Zareen Khan hits back at trolls over viral video with Katrina Kaif

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Thought Box
  • Showbiz
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

LSM output grows 7.65% in Sept, 4.81% in Q1

MM News Staff by MM News Staff
November 19, 2020

ISLAMABAD: The Large Scale Manufacturing (LSM) industries production grew by 7.65 percent on year-on-year basis during the month of September 2020 as compared to the corresponding month of last year.

According to Pakistan Bureau of Statistics (PBS), LSMI Quantum Index Number (QIM) was recorded at 138.03 points during September 2020 against 128.22 points during September 2019, showing positive growth of 7.65 percent.

During the first quarter (Q1) of the current fiscal year, the overall production increased by 4.81 percent compared to the corresponding period of last fiscal year. The industrial production during July-September (2020-21) was recorded at 133.02 points against the output of 126.92 points during July-September (2019-20).

The highest increase of 2.98 percent was witnessed in the indices monitored by the Ministry of Industries, followed by 1.66 percent increase in indices monitored by the Provincial Board of Statistics and 0.17 percent increase in the products monitored by the Oil Companies Advisory Committee (OCAC)

Meanwhile, on month-on-month basis, the industrial growth witnessed increase of 10.09 percent in September 2020 when compared with the indices of July 2020, the PBS data revealed.

The major sectors that showed positive growth during September 2020 included textile (2.08%) food, beverages and tobacco (12.99%), coke and petroleum products (2.75%), pharmaceuticals (13.41 %), chemicals (8.02%), non-metallic mineral products (22.17%), fertilizers (2.03%), paper and board (10.35%) and rubber products (8.24%).

On the other hand, the LSM industries that witnessed negative growth, included automobile (5.74%), iron and steel products (8.06%), electronics (20.75%), leather products (44.70%), engineering products (37.15%) and wood products (69.72%).

It is pertinent to mention here that the provisional QIM is being computed on the basis of the latest production data received from sources, including Oil Companies Advisory Committee (OCAC), Ministry of Industries and Production (MoIP) and Provincial Bureaus of Statistics (PBoS).

 

Tags: \economyLarge Scale Manufacturinglsmpakistan
ShareTweetSendShare
Previous Post

Biden solidifies presidential election win over Trump

Next Post

PSL-5 playoffs resume after eight months

Related Stories

Online
Business & Stock

Karachi’s business centres, industrial zones observe strike

July 19, 2025
File photo
Business & Stock

Omani Rial to Pakistani rupee rate: July 19, 2025

July 19, 2025
file photo
Business & Stock

Pakistan exports ready-made garments worth $4.128 billion in FY25

July 19, 2025
File photo
Business & Stock

Kuwaiti Dinar to Pakistani Rupee rate Today, July 19, 2025

July 19, 2025
File photo
Business & Stock

Bitcoin to Pakistani Rupee rates for July 19, 2025

July 19, 2025
representative image
Business & Stock

Saudi Riyal to PKR rates today- 19 July 2025

July 19, 2025
file photo
Business & Stock

UAE Dirham to PKR rates today- July 19, 2025

July 19, 2025
file photo
Business & Stock

Pakistan’s annual IT exports hit record $3.8 billion

July 19, 2025
NEPRA
Business & Stock

NEPRA approves K-Electric’s multi-year tariff despite federal objections

July 19, 2025
Gold Prices
Business & Stock

Gold prices surge in Pakistan amid global market shift

July 19, 2025
Next Post

PSL-5 playoffs resume after eight months

Trending Stories

Online
Top News

Talha Ahmed meets PM Sharif, receives praise and gifts

by MM News Staff
July 19, 2025
Online
Business & Stock

Karachi’s business centres, industrial zones observe strike

by MM News Staff
July 19, 2025
Iranian media photo
World

Trump insists Iran nuclear sites destroyed amid reports some survived

by AFP
July 19, 2025
File photo
Business & Stock

Omani Rial to Pakistani rupee rate: July 19, 2025

by MM News Staff
July 19, 2025
file photo
Business & Stock

Pakistan exports ready-made garments worth $4.128 billion in FY25

by APP
July 19, 2025

Opinion

nadeem moulvi
From Sects to Sunnah
July 15, 2025
- Nadeem Moulvi
Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Rains
Weather

Rain, thunderstorm predicted in Karachi tonight

by MM News Staff
July 18, 2025

The Pakistan Meteorological Department (PMD) announced on Friday that monsoon currents are currently entering...

Rawal Dam

Monsoon rains cause significant increase in Rawal Dam water level

July 18, 2025
heavy rains pakistan

More rain on the way for Rawalpindi, Islamabad and other cities

July 18, 2025
File photo

Section 144 imposed across Punjab, ‘emergency’ as rains claim dozens of lives

July 17, 2025
See all

Prices

Chines companies set to introduce electric motorcycles in Pakistan
Prices

Motorcycle prices surge in Pakistan following new tax Imposed in budget

by MM News Staff
July 19, 2025

Motorcycle prices in Pakistan have surged once again following recent tax reforms and the...

file photo

Chicken prices decline in different cities of Pakistan

July 19, 2025
NEPRA

NEPRA approves K-Electric’s multi-year tariff despite federal objections

July 19, 2025
Gold Prices

Gold prices surge in Pakistan amid global market shift

July 19, 2025
See all

Transport News

File photo
Transport

Punjab secures 400 EV buses

by MM News Staff
July 18, 2025

The Punjab provincial government is actively championing the widespread adoption of Electric Vehicles (EVs)...

Punjab Bike Scheme 2024

Govt announces free electric bikes for top students in Pakistan

July 18, 2025
Autonomous rail rapid transit (ART) is a lidar (light detection and ranging) guided bi-articulated bus system intended for urban passenger transport (Image: Wikipedia)

Trial of tram-like trackless electric bus begins in Lahore

July 17, 2025
Umrah

Hajj & Umrah costs for Pakistanis to drop 25% after $50 million Saudi fund

July 17, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.