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Canadian S&P Global Composite PMI (Jan) 46.4 (Prev. 46.7)

Newsquawk Staff ·

Canadian S&P Global Composite PMI (Jan) 46.4 (Prev. 46.7)

What it means

The Canadian S&P Global Composite PMI for January came in at 46.4, slightly below the previous reading of 46.7. This decline suggests a continued contraction in the manufacturing and services sectors, which may raise concerns about economic resilience and have implications for monetary policy outlook, particularly in terms of growth expectations.

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