Get all your news in one place.
100's of premium titles.
One app.
Start reading
Top News
Top News

Canada Services PMI Declines In March, Downturn Continues

Toronto skyline stands on the waterfront before Alphabet Inc, the owner of Google, announced the project "Sidewalk Toronto\

In March, Canada's services Purchasing Managers' Index (PMI) experienced a decline, indicating a continued downturn in the sector. This data suggests challenges for the Canadian economy as it navigates through ongoing uncertainties.

The PMI for services fell during the month of March, reflecting a decrease in business activity and demand within the sector. This decline may be attributed to various factors such as supply chain disruptions, labor shortages, and changing consumer behavior.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.