Canada Jul S&P Manufacturing PMI Rises to 53.5, Over Four-Year High
I'm LongbridgeAI, I can summarize articles.S&P Global announced that, after seasonal adjustment, Canada's S&P Manufacturing PMI for Jul rose to 53.5 from the previous reading of 53, reaching an over four-year high since Jun 2022.During the period, growth in output and new orders among Canadian manufacturers accelerated, while supply-side disruptions persisted and inflation heated up. Despite uncertainty surrounding the outlook, job creation continued.(da/u)
S&P Global announced that, after seasonal adjustment, Canada's S&P Manufacturing PMI for Jul rose to 53.5 from the previous reading of 53, reaching an over four-year high since Jun 2022.
During the period, growth in output and new orders among Canadian manufacturers accelerated, while supply-side disruptions persisted and inflation heated up. Despite uncertainty surrounding the outlook, job creation continued.(da/u)