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Canada: Downturn in operating conditions continues in November
Canada’s manufacturing economy experienced a modest contraction in operating conditions during November amid quicker contractions in both output and new orders. Market uncertainty and subdued demand were widely reported, and this continued to weigh on confidence and workforce numbers, which fell again in November. Some relatively positive news was, however, seen on the price front, with input cost inflation dropping to its lowest level for over a year. Selling charge inflation similarly softened. The S&P Global Canada Manufacturing Purchasing Managers’ Index™ (PMI®), a composite index designed to provide an ... (full story)
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