Key Takeaways
- Large Scale Manufacturing (LSM) sector grew by 3.03 percent YoY in July 2026.
- Monthly growth was 9.51 percent, driven by automobile and cotton yarn sectors.
- Textile sector saw a decline of 0.45 percent YoY.
The Large Scale Manufacturing (LSM) sector in Pakistan experienced significant growth in July 2026, according to provisional data released by the Pakistan Bureau of Statistics (PBS).
The sector recorded a year-on-year (YoY) growth of 3.03 percent, with the estimated Quantum Index of Manufacturing (QIM) rising to 119.13 points from 115.62 points in the same period last year.
On a month-on-month (MoM) basis, the LSM output surged by 9.51 percent, as the QIM increased from 108.78 points in June to 119.13 points in July.
The automobile sector emerged as the primary driver of this growth, with a remarkable increase of 57.01 percent in July and 57.77 percent over the period.
Other sectors that contributed significantly to the growth include other transport equipment (40.22 percent), furniture (22.69 percent), and tobacco industries (35.82 percent).
However, the textile sector experienced a decline of 0.45 percent YoY, marking a contrast to the overall positive trend.
Pharmaceuticals, food products, and chemical products also showed a decline, with respective decreases of 1.24 percent, 0.84 percent, and 0.25 percent YoY.
Notably, the automobile sector posted a growth of 1.91 percent YoY, while other transport equipment and furniture sectors saw growth of 0.27 percent and 0.18 percent respectively.
The robust performance of the LSM sector in July 2026 is indicative of a strong manufacturing base, particularly in key industries such as automobiles and textiles.
