Canada Factory PMI Hits Six-Month Low
Canada's manufacturing sector expanded at its slowest pace in six months during September. Trade frictions with the United States and high energy prices weighed heavily on activity.
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Canada's manufacturing sector grew at its slowest pace in six months in September, with the PMI falling to 51.5 from 53.0 in August. The deceleration stems from trade frictions and elevated energy costs. The slowdown reflects mounting pressures on industrial output across North America.
