Free Trial

Mfg PMI Sees Easing Price Pressures

CANADA DATA
  • The Markit Mfg PMI dipped slightly from 56.5 to 56.2 in Jan, the joint-weakest for 11 months but it nevertheless reflected “favourable demand conditions, rising employment levels and growth in inventories”.
  • "Additionally, price pressures showed further signs of easing, with rates of output and input price inflation moderating to ten- and 11-months lows, respectively.
  • "That said, COVID-19 yet again hit performance with output growth slowing notably. Tighter restrictions, among other issues, led to weak input availibity and poor transportation conditions.”
  • Little market reaction in both short-end GoCs and USDCAD.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.