Big industry expands 6.6pc in October.

ISLAMABAD -- The large-scale manufacturing (LSM) sector grew 6.6 per cent YoY during October 2020, according to data released by the Pakistan Bureau of Statistics on Tuesday.

The LSMI Quantum Index Number (QIM) was recorded at 138.03 in October 2020 as against 128.22 points in October 2019.

Meanwhile, on month-on-month basis, industrial growth witnessed an increase of 3.95pc during October 2020 when compared with the indices of September 2020, the PBS data revealed.

On a cumulative basis, large-scale manufacturing during the first four months (July-Oct) of the current fiscal year (FY20-21) recorded a growth of 5.5pc as compared to the same period of last year.

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