Canada Manufacturing PMICanada Manufacturing PMICanada Manufacturing PMI

Canada Manufacturing PMI

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Key data points


Last release
Observation period
Jul 2024
Next release
Forecast
Highest
58.90POINT on Mar 31, 2022
Lowest
33.00POINT on Apr 30, 2020

About Canada Manufacturing PMI


Category
Business
Frequency
Monthly
Units
POINT
The IHS Markit Canada Manufacturing Purchasing Managers’ Index™ measures the performance of the manufacturing sector. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.