LSM sector grows by 9.1pc in January

ISLAMABAD: According to the Pakistan Bureau of Statistics (PBS), the Large Scale Manufacturing Sector (LSM) of Pakistan grew by 9.1pc on yearly basis in the month of January.

As per the details, the manufacturing in large scale sector grew by 5.4pc on monthly basis.

According to the data released by PBS, the increase in the production of the LSM sector is attributed to the increase in demand for cement, and the increase in the production of auto-sector.

Furthermore, the upward trend in the LSM sector is also linked to the relief package given to the construction industry by the Prime Minister which also brought an inflow of capital in the real estate sector of Pakistan.

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