Trading

LSMI witnesses 5.89% growth

Large Scale Manufacturing Industries of the country witnessed an impressive growth of 5.89 percent during the first nine months of the current fiscal year as compared to the corresponding period of last year.

According to the data of Pakistan Bureau of Statistics the country's LSMI Quantum Index Numbers was recorded at 149.26 points during July-March (2017-18) against 140.97 points during July-March (2016-17), showing growth of 5.89 per cent.

The highest growth of 3.33 percent was witnessed in the indices monitored by Ministry of Industries, followed by 1.84 percent growth in the products monitored by Provincial Bureaus of Statistics (PBOS) and 0.72 growths in the indices of Oil Companies Advisory Committee.

Source: Radio Pakistan