HBL Manufacturing PMI Returns to Growth in May Amid Stagnant Production and Rising Middle East Tensions
The HBL Manufacturing PMI compiled by S&P Global ticked up to 50.9 in May 2026, but underlying data reveals stagflation risks and record low business confidence due to regional geopolitical conflicts.
Pakistan’s Large Scale Manufacturing Sees 4% Growth in Q1FY26
Pakistan’s Large Scale Manufacturing Industries grow 4.08% in Q1FY26, led by automobiles, cement, and food, while pharmaceuticals, furniture, and machinery sectors face declines, reflecting a mixed yet cautiously optimistic industrial outlook.