October 2024 LSM Growth & Export Performance
The LSM however grew by 0.02 percent on a year-on-year basis (YoY) in October 2024 when compared to the same month of last year and 111.60 percent on a month-on-month (MoM) basis when compared to September 2024.
The provisional quantum indices of Large Scale Manufacturing Industries (LSMI) for October 2024, with the base year 2015-16, have been developed based on the latest data supplied by the source agencies.
Pakistan’s agricultural exports witness significant growth
The main contributors to overall growth of -0.64% are Food (0.28), Tobacco (0.41), Textile (0.45) Garments (2.44), Petroleum Products (0.09), Automobiles (0.69), Cement (-0.76), Iron & Steel Products (-0.63), Electrical Equipment (-0.71), Machinery and Equipment (-0.31) and Furniture (-2.39).
The production in October 2024-25 as compared to October 2023-24 has increased in Food, Tobacco, Textile, Wearing apparel, Coke & Petroleum Products, Automobiles and Other Transport Equipment while it decreased in Rubber Products, Non-Metallic Mineral Products, Electrical Equipment, Machinery and Equipment, Iron & Steel Products, and Furniture.
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