The IHS Markit Canada Manufacturing PMI decreased to 53.9 in October of 2018 from 54.8 in the previous month. The reading pointed to the weakest growth in factory activity since January last year, as output rose at the softest pace since December of 2016 due to subdued demand conditions in the domestic and export markets. Additionally, new business eased. On the other hand, job creation advanced amid long-term business expansions plans and efforts to boost operating capacity. On the price front, input price inflation accelerated mostly driven by steel tariffs and cost of transportation and output prices increased further. Looking ahead, growth expectations moderated to the weakest level of positive sentiment since November 2016, due to global economic uncertainty. Manufacturing PMI in Canada is reported by Markit Economics.

Canada Manufacturing PMI
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Canada Business Last Previous Highest Lowest Unit
Business Confidence 61.80 50.40 75.00 36.10 Index Points [+]
Manufacturing PMI 53.90 54.80 57.10 47.50 [+]
Industrial Production 3.04 2.93 11.37 -15.24 percent [+]
Industrial Production Mom 0.65 0.04 3.36 -3.49 percent [+]
Manufacturing Production 2.82 1.05 12.88 -17.31 percent [+]
Capacity Utilization 85.50 83.70 87.30 72.70 percent [+]
New Orders 58830069.00 59291805.00 62768223.00 14816411.00 CAD THO [+]
Changes in Inventories 14112.00 15849.00 21415.00 -18847.00 CAD Million [+]
Bankruptcies 209.00 190.00 872.00 177.00 Companies [+]
Corporate Profits 76692.00 78757.00 84849.00 -758.00 CAD Million [+]
Car Registrations 177825.00 185214.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.10 0.20 1.20 -1.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Steel Production 1120.00 1020.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production 4.47 5.69 20.65 -16.33 percent [+]
Competitiveness Index 79.92 80.00 80.00 5.20 Points [+]
Competitiveness Rank 12.00 10.00 15.00 9.00 [+]
Corruption Index 82.00 82.00 92.00 81.00 Points [+]
Corruption Rank 8.00 9.00 14.00 5.00 [+]
Ease of Doing Business 22.00 18.00 22.00 8.00 [+]


Canada Manufacturing PMI

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 page provides the latest reported value for - Canada Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.90 54.80 57.10 47.50 2011 - 2018 Monthly
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Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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