The S&P Global Canada Composite PMI rose to 48.7 in September 2026 from 47.8 in the previous month, but remained below the neutral mark for the fourth consecutive month. Service-sector activity continued to contract, albeit at a slower pace, while manufacturing output expanded to a weaker degree. New orders declined across both sectors, while employment recorded a net decrease. Cost pressures intensified, particularly in manufacturing, although overall output prices increased at their slowest pace since February. However, sentiment toward the outlook improved, reaching its highest level in five months. source: S&P Global
Composite PMI in Canada increased to 48.70 points in September from 47.80 points in August of 2026. Composite PMI in Canada averaged 48.91 points from 2020 until 2026, reaching an all time high of 56.10 points in March of 2022 and a record low of 41.70 points in April of 2025. This page includes a chart with historical data for Canada Composite PMI.
Composite PMI in Canada increased to 48.70 points in September from 47.80 points in August of 2026. Composite PMI in Canada is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Composite PMI is projected to trend around 52.60 points in 2027 and 53.00 points in 2028, according to our econometric models.