Pakistan's manufacturing sector declines by 0.64% despite growth in textiles and autos.

Pakistan's Large-Scale Manufacturing (LSM) sector saw a 0.64% decline in the first four months of the fiscal year, despite a slight 0.02% growth in October year-over-year. Textile and automobile production increased by 2.60% and 42.86% respectively, while sectors like iron and steel, rubber products, and electrical equipment declined. The PBS attributes the overall decline to both domestic and global factors.

3 months ago
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