Tag Archives: Big industry production shrinks 10.2pc in FY23

ISLAMABAD: Large-Scale Manufacturing (LSM) shrank by 10.26 per cent year-on-year in FY23, showed data released by the Pakistan Bureau of Statistics on Tuesday. For the 10th consecutive month of the outgoing fiscal year, the production of big industry witnessed a significant contraction of 14.96pc in June. The primary reason behind this decline can be attributed to a slowdown in the …

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