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Nov 2

Medium impacttradingeconomics.comNov 2AI thesis not measured

Canada’s factories contract as costs accelerate

Source: tradingeconomics.com · Nov 2

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AI · systemfrom 1 sources · updated at 19:19

Canada’s manufacturing PMI fell to 49.6 in October from 51.5 in September, its first contraction of 2026, Trading Economics reports from S&P Global’s survey. New orders shrank at their fastest pace in over a year, while output and employment declined. At the same time, input-cost inflation reached its highest since June 2022 and selling-price inflation exceeded a four-year high. The combination points to weaker factory demand alongside continuing cost pressure.

Related currencies / asset groups: CAD

ThesisNo pair-specific direction statedAI · sourced

Canada’s manufacturing PMI fell to 49.6 in October 2026 from 51.5 in September, its first contraction of 2026.
tradingeconomics.com
Input-cost inflation reached its highest since June 2022; output-price inflation exceeded a four-year high.
tradingeconomics.com

Counter-thesisNo pair-specific direction statedAI · sourced

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