Tag Archives: Big industry grows 0.6pc in August

ISLAMABAD: Large-scale manufacturing (LSM) swung to growth in August, posting an annual increase of 0.6 per cent and 3.9pc compared to July, official data showed on Wednesday, suggesting the economy has slightly revived. That was quite an improvement from July, when the LSM shrank 1.4pc year-on-year and 16pc month-on-month. Economists have already raised concerns about an economic slowdown caused by …

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