Canada: Manufacturing output growth eases to 11-month low - Markit
"Canadian manufacturers experienced another solid improvement in overall business conditions during November, but momentum remained softer than on average in the first half of this year," Markit said in its latest PMI report on Friday.
The seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI) registered 54.4 in November, little-changed from October’s nine-month low of 54.3.
Manufacturing production growth eased to an 11- month low, while new order volumes expanded at one of the slowest rates seen in 2017 so far.
A robust rate of job creation was maintained in November, reflecting continued efforts to boost operating capacity.