October 17, 2020

Big industry grows 1.2pc in August

ISLAMABAD: Large scale manufacturing sector posted 1.19 percent year-on-year growth in August as fertiliser and cement outputs started to rise on recovery in demand after lockdown, official data showed on Friday.However, LSM fell 6.78 percent in August over July when the big industry posted growth for the first time in six months, according to the Pakistan Bureau of Statistics as Covid-19 outbreak stirred latent potential of pharmaceutical and food industries despite shutdown setbacks to key...