In the first quarter of the current financial year (FY23), overall activity in the country’s industrial sector declined, but seven major industries recorded an increase in output.
The data released by the Federal Bureau of Statistics (FBS) shows that the total production of major industries in Pakistan has decreased by 0.04 percent.
Production of more than 13 major industries fell in the initial months of the fiscal year from July to September.
Decreases were recorded in the production of food, tobacco, textiles, petroleum products, pharmaceuticals, rubber and mineral products.
Additionally, there was a decline in electronics, optical products, football, electrical goods, machinery, vehicles and transport products sectors.
However, seven industries increased their production during the same period.
According to the report, production of beverages, garments, leather and wood products increased while production of paper board, chemicals, iron, steel and furniture also recorded an increase.
