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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.
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El sector manufacturero de Pakistán disminuye un 0,64% a pesar del crecimiento en textiles y automóviles.