FY26 LSM grows 4.98pc YoY: PBS

ISLAMABAD: The Large Scale Manufacturing (LSM) sector has recorded a growth of 4.98 percent during the 2025-26 fiscal year compared with the preceding year, according to provisional data released by the Pakistan Bureau of Statistics (PBS) on Tuesday.

However, the LSM output, on a year-on-year (YoY) basis, witnessed a reduction of 3.48 percent in June 2026 as compared with June 2025, and a reduction of 6.08 percent when compared with May 2026, as the Quantum Index of Manufacturing (QIM) for June was recorded at 108.83 points against 116.10 points in May.

Cumulatively, the QIM recorded a growth of 4.98 percent and stood at 120.55 points.

According to the PBS, LSM growth is mainly driven by the impressive performance of the automobile, cotton yarn, cotton cloth, garments, and petroleum products.

READ MORE: Jul-Apr LSM posts 6.44pc growth YoY

The automobile sector remained the driver of QIM growth as it registered a remarkable increase of 50.53 percent in June and 57.77 percent during the 2025-26 fiscal year.

During July-June automobiles sector posted a growth of 55.77 percent, other transport equipment 42.36 percent, furniture 22.69 percent, other manufacturing (football) 16.62 percent, food sector 7.03 percent, beverages 3.09 percent, tobacco 12.61 percent, coke/Petroleum products 9.70 percent, rubber products 14.19 percent, electrical equipment 14.25 percent, non-metallic mineral products 6.52 percent and machinery equipment 2.95 percent.

However, textile sector growth witnessed a decline of 0.63 percent, pharmaceuticals 8.87 percent, Iron/steel products 7.84 percent, chemical products 3.561 percent, chemicals 2.53 percent, leather products 1.95 percent, fertilisers 1.99 percent, and wood products 0.45 percent on an annual basis.

Cumulatively following are the main contributors towards overall growth of 4.98 percent: Food 1.21 percent, beverages 0.14 percent, tobacco 0.19 percent, textile negative 0.11 percent, garments 0.91 percent, petroleum products 0.72 percent, chemicals negative 0.20 percent, pharmaceuticals negative 0.54 percent, cement 0.41 percent, Iron/Steel Products negative 0.34 percent, electrical equipment 0.37 percent, machinery and equipment 0.01 percent, automobiles 1.56 percent, other transport equipment 0.27 percent, and furniture 0.28 percent.

The data revealed on monthly basis food sector posted 3.39 percent growth, tobacco sector 9.28 percent, beverages 16.33 percent, wearing apparel 13.45 percent, paper and board products 6.75 percent, rubber products 14.06 percent, automobiles 50.53 percent, other transport equipment 48.32 percent, other manufacturing (football) 38.61 percent, furniture 20.55 percent, machinery and equipment 39.81 percent, electrical equipment 22.35 percent, fabricated metal 9.04 percent computer, electronics and optical products 4.77 percent.

Copyright Business Recorder, 2026