Large-scale industry rebounds 3.03pc in July
ISLAMABAD: The Large-Scale Manufacturing (LSM) sector posted a modest year-on-year growth of 3.03 per cent and a sharper 9.5pc month-on-month in the first month of 2026-27. Industrial activity rebounded in July after a 3.48pc contraction in June. The Quantum Index of Manufacturing (QIM) stood at 119.13 in July FY27, up from 115.62 in the corresponding month of the last year, the Pakistan Bureau…
Pakistan's large-scale manufacturing sector demonstrated a modest year-on-year growth of 3.03% in July 2026-27, according to the Pakistan Bureau of Statistics. This modest rebound followed a 3.48% contraction in June. The Quantum Index of Manufacturing (QIM) reached 119.13 in July 2026-27, up from 115.62 in the same period last year.
Despite this recovery, the overall LSM growth remained uneven, with certain industries contributing significantly more than others. Tobacco, garments, petroleum products, cement, electrical equipment, automobiles, other transport equipment, and furniture were the main contributors to overall LSM growth in July. However, the recovery was uneven, with food production dragging LSM growth by 0.45%, followed by beverages (0.45%), textiles (0.53%), chemicals (0.50%), pharmaceuticals (1.24%), iron and steel products (0.47%), and machinery and equipment (0.03%).
The weakness in textiles is particularly significant given the sector's weight in Pakistan's manufacturing and export base. The overall textile sector production shrank 3.09% year-on-year in July, while garment exports grew 22.03% year-on-year.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
