Islamabad December 15 2022: Pakistan overall Large Scale Manufacturing Sector has decline by 7.75 percent during the month of October 2022, according to data published by Pakistan Bureau of Statistics on Thursday.
Moreover, manufacturing activity fall 3.62 percent during the month of October when compared with the previous month.
Overall Large Scale Manufacturing Sector has shown a decline of 2.89% during JulyOctober 2022-23 when compared with the same period of last year.
The main contributors towards overall growth of -2.89% are, Food (-0.72), Tobacco (-0.58), Textile (-1.92) Garments (4.44), Petroleum Products (-1.38), Cement (-1.23), Pharmaceuticals (-1.57), and Automobiles (-1.38).
Sectors posted negative Growth
The production in July-October 2022-23 as compared to July-October 2021-22 has increased in Wearing apparel and Furniture while it decreased in Food, Tobacco, Textile, Coke & Petroleum Products, Pharmaceuticals, Rubber Products, Non-Metallic Mineral Products, Fabricated metal, Electrical Equipment, Machinery and Equipment, Automobiles and Other Transport Equipment.
Sectors posted positive Growth
