The S&P Global Canada Manufacturing PMI edged up to 53.5 in July 2026 from 53 in June, the highest since June 2022, defying expectations of a decline to 50.2. The reading signaled a fourth straight month of expansion, supported by stronger output and new orders amid improved domestic demand, although export orders fell for a second consecutive month due to tariffs and the conflict in the Middle East. Input cost inflation accelerated to a four-year high as supply shortages and delivery delays intensified. Higher demand added further strain to supply chains and upward pressures on prices, prompting manufacturers to raise selling prices amid higher purchasing activity. Firms also increased hiring to meet stronger demand, while inventories of finished goods rose partly reflecting shipping delays. Despite continued growth in sales and production, business confidence eased to a four-month low as firms remained concerned about rising costs and geopolitical uncertainty. source: S&P Global
Manufacturing PMI in Canada increased to 53.50 points in July from 53 points in June of 2026. Manufacturing PMI in Canada averaged 52.01 points from 2011 until 2026, reaching an all time high of 58.90 points in March of 2022 and a record low of 33.00 points in April of 2020. 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.
Manufacturing PMI in Canada increased to 53.50 points in July from 53 points in June of 2026. Manufacturing PMI in Canada is expected to be 52.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Manufacturing PMI is projected to trend around 52.00 points in 2027 and 52.60 points in 2028, according to our econometric models.