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<Econ> Canada Mar S&P Global Composite Output PMI Edges Up to 47.6
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S&P Global released its Purchasing Managers' Index (PMI) survey showing that Canadas private sector output contracted again in March. The seasonally adjusted Composite PMI Output Index registered 47.6 in March, slightly improving from 47.1 in February, but remaining below the critical 50 no-change threshold for the fifth consecutive month. Both manufacturing output and services activity declined. The Services PMI Business Activity Index recorded 47.2 in March, up from 46.5 in February and marking the highest level in five months, but still indicating a sharp contraction in business activity. Output among business services as well as transportation and warehousing companies fell notably in March. (to/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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