HBL Pakistan Manufacturing PMI participated in the number of 48.0 in September, less than 50.1 in August, which, before the series began in May 2024, identified all 50 prints. The reduction led to the record in new orders with manufacturers with manufacturers as flooding as a primary drag in this sector.
With the weakening of the demand, the firms reduced the job in the fourth straight month, and pointed to the lower worlds and cost savings efforts. The work back blog was also reduced as companies focused on completing the existing orders, though the speed of decline compared to June is moderate.
By cost, input prices increased sharply, firms increased the cost of electricity and flood -affected supply barriers. In response, firms raised prices at a speed.
Commenting on the release, Equity and Research chief Hamira Qamar noted: “Despite the shock of September, manufacturers have been optimistic about the increase in production over the next 12 months. Pressure and a suppressed domestic economy – more than the situation, more than the industrial sector is more likely to flood.
Prior to the flood, Pakistan’s PMI hero develops well in the global context, which ranks 10 out of 18 in emerging economies, which was surveyed with a study above 50 neutral market. It was despite the head winds offered by US prices.