Pakistan’s Cooking Oil, Ghee Production Up by 12.75pc, 10.44pc in 11 Months

Mon Jul 17 2023
icon-facebook icon-twitter icon-whatsapp

ISLAMABAD: Domestic production of edible oil and vegetable ghee during the eleven months of the fiscal year that ended on 30 June 2023 increased by 12.57% and 10.44%, respectively, in contrast to the production of the same period of last year.

During the period from July to May 2022-23 nearly 513,206 metric tons of cooking oil were produced indigenously in order to meet domestic needs in contrast to the output of 455,884 metric tons of the corresponding period last year.

Meanwhile, nearly 1.421 million tons of vegetable ghee were locally produced as against the output of 1.286 million tons in the corresponding period last year, which was up by 10.44%, as per the data of the Pakistan Bureau of Statistics (PBS).

The Large-Scale Manufacturing Industries (LSMI) in Pakistan increased by 5.88% during May, in contrast to the previous month of April. The Quantum Index Numbers (QIN) of LSMI for May 2023 are estimated at 110.60 in contrast to 104.46 during April 2023.

In eleven months 27, 728 tractors were locally assembled in contrast to the assembling of 51,772 tractors in the same period of last year.

Tractors’ Production

Meanwhile, 2,083 tractors were assembled during May 2023 in contrast to the output of 4,362 tractors of the corresponding month of last year.

The LSMI production from July to May 2022-23 as compared to the same period of last year is up in wearing apparel, furniture and other production 9football), while it dropped in food, textile, pharmaceuticals, chemicals, tobacco, coke and petroleum products, automobiles, non-metallic mineral products, machinery and equipment, and other transport equipment.

icon-facebook icon-twitter icon-whatsapp