{"id":99263,"date":"2024-09-18T12:21:48","date_gmt":"2024-09-18T07:21:48","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=99263"},"modified":"2024-09-18T12:21:50","modified_gmt":"2024-09-18T07:21:50","slug":"lsm-sector-sees-strong-growth-in-july-2024","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lsm-sector-sees-strong-growth-in-july-2024.html","title":{"rendered":"LSM sector shows promising growth in July 2024"},"content":{"rendered":"\n<p>Islamabad: Pakistan&#8217;s Large-Scale Manufacturing (LSM) sector has grown by 2.38% in July 2024 compared to July 2023, according to a news source on September 16.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/overseas-pakistanis-remittance-maintained-aug.html\" target=\"_blank\" rel=\"noreferrer noopener\">Overseas Pakistanis boost Aug 2024 remittances by 40%<\/a><\/p>\n\n\n\n<p>As per the Pakistan Bureau of Statistics (PBS), key sectors contributing to the year-on-year growth include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tobacco: +90.21%<\/li>\n\n\n\n<li>Automobiles: +71.96%<\/li>\n\n\n\n<li>Wearing Apparel: +9.59%<\/li>\n\n\n\n<li>Textile: +8.43%<\/li>\n\n\n\n<li>Beverages: +6.75%<\/li>\n\n\n\n<li>Petroleum Products: +5.55%<\/li>\n<\/ul>\n\n\n\n<p>Several industries saw a decline, such as pharmaceuticals (-3.36%), rubber products (-16.02%), iron &amp; steel (-12.70%), and furniture (-55.83%).<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/massive-oil-and-gas-reserves-found-in-pakistan.html\" target=\"_blank\" rel=\"noreferrer noopener\">Massive oil, gas reserves found in Pakistani territorial waters<\/a><\/p>\n\n\n\n<p>High-speed diesel production grew by 7.78%, while kerosene oil output dropped by 31.46%. Cement output decreased by 6.63% year-on-year and fell by 12.7% from June to July 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan&#8217;s Large-Scale Manufacturing (LSM) sector has grown by 2.38% in July 2024 compared to July 2023, according to a news source on September 16. Read: Overseas Pakistanis boost Aug 2024 remittances by 40% As per the Pakistan Bureau of Statistics (PBS), key sectors contributing to the year-on-year growth include: Several industries saw a decline, such as pharmaceuticals (-3.36%), rubber products (-16.02%), iron &amp; steel (-12.70%), and furniture (-55.83%). Read: Massive oil, gas reserves found in Pakistani territorial waters High-speed diesel production grew by 7.78%, while kerosene oil output dropped by 31.46%. Cement output decreased by 6.63% year-on-year and fell by 12.7% from June to July 2024.<\/p>\n","protected":false},"author":89,"featured_media":44544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15019],"tags":[59403,56222,59405,59404,58313,8223,54568],"persona":[],"class_list":{"0":"post-99263","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-research-analysis","8":"tag-lsm","9":"tag-news-and-updates","10":"tag-pakistan-bureau-statistics","11":"tag-pakistan-large-scale-manufacturing","12":"tag-pakistan-news","13":"tag-pbs","14":"tag-zameen-news","15":"cat-15019-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LSM Sector Sees Strong Growth in July 2024 - Zameen News<\/title>\n<meta name=\"description\" content=\"ADB pledges USD 2billion annual loans to Pakistan from 2024, including USD 720 million for flood recovery.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/lsm-sector-sees-strong-growth-in-july-2024.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LSM Sector Sees Strong Growth in July 2024 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"ADB pledges USD 2billion annual loans to Pakistan from 2024, including USD 720 million for flood recovery.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lsm-sector-sees-strong-growth-in-july-2024.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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