ISLAMABAD - Large Scale Manufacturing (LSM) sector showed minor growth of 1.33 per cent during July-May period of the previous fiscal year 2010-11 against the same period of last year mainly due to circular debt and ongoing energy crisis prevailing in the country. According to the figures released by Federal Bureau of Statistics on Friday, the growth in the large scale-manufacturing sector remained 1.33 per cent during first the eleven months of last fiscal year. The Quantum Index Number of LSM industries stood at 207.92 points in July-May period of fiscal year 2010-11 as compared to 205.18 points in July-May 2009-10. According to the statistics, the LSM growth remained almost stagnant and showed negative growth of 2.28 per cent in May over the same month of the last year. On monthly basis, the industries showed recovery signs while the oil and gas sector under the domain of the provinces registered negative growth. The Quantum Index Numbers (QIN) of Large Scale Manufacturing Industries has been computed in the FBS on the basis of latest production data of 100 items received from various sources i.e. Oil Companies Advisory Committee (OCAC), Ministry of Industries & Production and Provincial Bureaus of Statistics. The OCAC supplied the data of 11 items, the Ministry of Industries & Production supplied the data of 35 items and Provincial Bureaus of Statistics provided data for 54 items. The economic survey of Pakistan blamed weakening of demand in the international and domestic market, inflation, high input costs, higher government borrowing crowding out availability of credit to private sector and acute energy shortage for the lowest growth in LSM sector. In OCAC, the commodities showed negative growth including jet fuel oil (19.51 per cent), motor spirit (12.31 per cent), diesel oil (50.46 per cent), furnace oil (8.04 per cent), and others petroleum products (12.59 per cent) in July-May period of 2010-2011 against the same months of 2009-10. Meanwhile in OCAC, the following products showed positive growth rate including kerosene oil (89.15 per cent), high speed diesel (4.85 per cent), lubricating oil (0.29 per cent), jute batching oil (7.24 per cent), solvent naphtha (17.18 per cent) and LPG (23.95 per cent) in the first eleven months of the previous year. The Ministry of Industry index registered a growth of 3.53 per cent comprising 35 main industries in QIN of LSM. The industries showing positive growth included sugar (1371 per cent), cigarettes (15.96 per cent), cotton yarn (1677 per cent), cotton cloth (3.33 per cent), Phos Fertilisers (17.32 per cent), glass plates and sheets (3.55 per cent), LCVs (19.14 per cent) and motorcycles (9.75 per cent). On the other hand, the industries showing negative growth were jute goods (0.66 per cent), paper and board (7.02 per cent), soda ash (12.28 per cent), caustic soda (4.14 per cent), trucks (32.33 per cent), and jeeps and cars (6.60 per cent) in July-May period over the corresponding month of the last year.