LSMI output rises

Published May 19, 2002

ISLAMABAD, May 18: The Large Scale Manufacturing Industries (LSMI) registered 3.18 per cent growth in its production during July-March period of the current financial year in comparison to the same period of last year.

Official figures available with Dawn showed that during the first nine months of 2000-01, the LSMI production increased by 7.61 per cent over the corresponding period of 1999-2000.

And the LSMI registered a growth of 0.45 per cent in its production in the year 1999-2000 during the same period in comparison to the financial year of 1998-99.

On monthly basis, the LSMI production increased by 6.35 per cent during March 2002 compared to the same month of the last year, while it soared by 22.44 per cent during the same month of 2001 over the corresponding month of 2000.

When compared with February 2002, the LSMI production registered a growth of 9.53 per cent during March 2002, while in comparison to the same month of 2000-01, it declined by 7.57 per cent.