Government study shows some sectors facing cost disadvantages up to two-thirds
The growth in goods production by big industries slowed down to 4.1% in the first quarter of the current fiscal year as an internal government diagnosis suggests that some of the sectors are facing cost disadvantages up to two-thirds and cannot compete until a just platform is provided to them.
According to the Pakistan Bureau of Statistics (PBS), the pace of output growth in major industries slowed to 4.1% in the July-September quarter. The growth rate was 4.5% during the first two months. Although the output crossed 4% in Q1, the index could still not match the almost three-year-old level of 132.
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