KARACHI:
Pakistan's large-scale manufacturing (LSM) sector showed a recovery, increasing by 9% year-on-year and 2.6% month-on-month in July 2025, primarily due to a low base, along with improved domestic demand and sector-specific gains that boosted industrial output.
Analysts attribute the rebound to strong performances in automobiles, garments, cement, and petroleum products, alongside stable — though elevated — energy prices and easing interest rates.
The LSM Index climbed to 115.68 points in July 2025, compared to 106.14 points in July 2024 and 112.75 points in June 2025, according to provisional data released by the Pakistan Bureau of Statistics (PBS).
The LSM recorded 8.99% YoY growth and 2.6% MoM growth.
The performance was largely driven by robust growth in key industries incl