Pakistan Large Scale Manufacturing Output Decline 1.2% in January 2025

Pakistan Purchasing Managers Index (PMI) Points to Growth in Manufacturing

Pakistan Purchasing Managers Index (PMI), jointly launched by Habib Bank (HBL) and S&P Global, is showing sustained growth in manufacturing for the last several months.  It has been consistently above 50, indicating expansion. This indicator disagrees with contraction reported by Pakistan Bureau and Statistics (PBS) Large Scale Manufacturing (LSM) indicator. What accounts for this discrepancy? Is it because the LSM tracks only a subset of indust…

Pakistan Large Scale Manufacturing Output Decline 1.2% in January 2025

Islamabad March 18 2025: Pakistan Large Scale Manufacturing Sector Output Decreased by 1.22 percent for January, 2025 when compared with January 2024 and increased by 2.09 percent when compared with December 2024, according to data released by Pakistan Bureau of Statistics. The food sector experienced a 7.7% growth in January 2025, while the chemicals sector saw a 12.5% decline in output. Iron and steel production decreased by 11.9%, electrical …