Karachi: Large-scale manufacturing (LSM) in January 2026 recorded a year-on-year growth of 10.5%, continuing its upward trajectory for the tenth consecutive month. This trend suggests a broad-based recovery in industrial activity across various sectors.
According to JS Global, the growth in January was driven by significant improvements in key sectors. The automobile sector led the increase with a 67.3% year-on-year growth, attributed to a low base and rising demand. Other sectors such as food, wearing apparel, cement, and non-metallic minerals also posted near double-digit growth rates of approximately 10%.
Declining inflation and previous monetary easing measures have supported LSM growth by reducing input costs, enhancing demand, and stabilizing production levels. However, the recent rise in commodity prices presents challenges, with potential risks of increased cost pressures and a slowdown in demand.
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