Tag Archives: Big industry production contracts 10.6pc

ISLAMABAD: The large-scale manufacturing (LSM) sector shrank 10.63 per cent during March from a year ago, the Pakistan Bureau of Statistics (PBS) reported on Wednesday. It was attributed to dismal performance of food and beverages, fertilisers, petroleum products and automobiles sending fears of large-scale layoffs in the industrial sector. On a year-on-year basis, the LSM dipped by 2.93pc during the …

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