Good news for the economy increased domestic production
Islamabad: National Institute of Statistics announced the good news, after December 2019, January 2020 also saw an increase in domestic production.
According to the details, the institute of statistics released information on the domestic production said that the production of large industries increased in January 2020 as compared to December 2019.
According to the report, production of large industries increased by 7% as compared to December 2019, while the production of large industries declined by 3.37% in the first 7 months of this fiscal year.
the institute of statistics said that Food Beverages, tobacco, fertilizers, paper and boards, and leather production increased during the first 7 months, in comparison to last year From July to January, the auto sector, pharma, steel and electronics production declined.
It should be noted that in December 2019 also saw a growth of 9.66% in the production of large industries and the increase in January was even higher than this.
according to the institute of statistics. Production of large industries was down by 16.4% in November,
According to the report, the increase in production of the food and beverage sector, textile sector, paper and board, leather industry, pharma sector, and electronics was recorded in December 2019.
On the other hand, the production of the auto sector, engineering products, iron, and steel had declined.