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Reading: Large-scale industrial sector expands by 2.6pc
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PhotoNews Pakistan > Business > Large-scale industrial sector expands by 2.6pc
Business

Large-scale industrial sector expands by 2.6pc

Web Desk
By Web Desk Published June 21, 2014 1 Min Read
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Large-scale manufacturing (LSM) posted a growth of 2.69 per cent in April 2014 from a year ago, according to sectoral data released by Pakistan Bureau of Statistics (PBS) on Thursday.

Major contribution towards positive growth in LSM performance in April 2014 was from textile 1.11pc; food and beverages 8.26pc; paper and board 22.1pc; fertilisers 9.93pc; iron and steel products 20.56pc; leather products 4.55pc; chemicals 1.85pc and rubber products 20.97pc.

Last year, the LSM sector, which accounts for 70pc of industrial production, recorded a positive growth of 3.79pc.

Some sectors, like petroleum products, witnessed a negative growth of 6.06pc, electronics 5.87pc; wood products 82.77pc; engineering products 16.31pc; pharmaceuticals 0.06pc; non-metallic mineral products 1pc and automobiles 1.55pc during the month under review.

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