ISLAMABAD: The Large-Scale Manufacturing (LSM) sector modestly returned to a positive trajectory in March, with production increasing by 1.79 per cent compared to the same month last year, according to data released by the Pakistan Bureau of Statistics on Friday.

This positive growth was attributed to a significant cut in the key interest rate to 11pc since the start of the current fiscal year.

The major industry production had been on a downward trend since August 2024 — except for October — due to both domestic and global factors. LSM posted positive growth from December 2023 to May 2024, but slipped into negative territory starting June........

© Dawn Business