LSM witnesses increase of 1.19% YoY in Sept’21

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ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output increased by 1.19% for September 2021 compared to September 2020 while it dropped marginally by 0.72% when compared to August 2021, the data released by the Pakistan Bureau of Statistics (PBS) revealed on Thursday. The overall output of LSMI jumped by 5.15% for 1QFY22 compared to 1QFY21. During the first quarter of the ongoing fiscal year, the highest increase of 3.3% was witnessed in the indices monitored by the Ministry of Industries, followed by a 1.57% increase in indices monitored by the Provincial Board of Statistics and a 0.28% increase in the products monitored by the Oil Companies Advisory Committee (OCAC). TLTP