Tag: 195pc

Power crisis brings down LSM growth to 1.95pc

| | No Comments

STAFF REPORT ISB: The large-scale manufacturing (LSM) sector has recorded minor growth of 1.95 percent in four months (July-October) of the current fiscal year over the corresponding period last year mainly due to lower energy supply to the industries. The industrial sector is not recording handsome growth during ongoing financial year due to the worst power crisis prevailing in the country. In July 2014 the LSM grew by 1.14 percent that rebounded to 5.27 percent in August and 1.82 percent…Read More