Downturn in Canadian manufacturing sector continues in September
From pmi.spglobal.com
Canada’s manufacturing economy experienced a further deterioration in operating conditions during September. Sales and output both fell at quicker rates, with the trading environment characterised by ongoing uncertainty and adverse tariff effects. Amid a challenging outlook, firms made further cuts to employment, purchasing and inventory levels. Price pressures meanwhile dissipated. Although input costs rose sharply, they did so at a much slower rate. Moreover, selling prices increased only modestly, reflective of competitive pressures and challenging market conditions. The S&P Global Canada Manufacturing ...
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