04-April-2025
Economy News
 
Canadian Factory PMI Hits 15-Month Low on Expanding Trade War
02-Apr-2025

Canadian manufacturing activity contracted at a steeper rate in March as a widening global trade war triggered the sharpest decline in new orders since shortly after the start of the COVID-19 crisis. The S&P Global Canada Manufacturing Purchasing Managers' Index (PMI) fell to 46.3 from 47.8 in February, touching its lowest level since December 2023. A reading below 50 indicates contraction in the sector.

News Source:- https://money.usnews.com/investing/news/articles/2025-04-01/canadian-factory-pmi-hits-15-month-low-on-expanding-trade-war
 
 
 

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