The S&P Global Canada Manufacturing PMI fell to 51.5 in September 2026 from 53 in August, falling to its lowest level in six months. Output continued to rise, albeit more modestly, as firms noted a degree of client hesitation. New export orders declined for a fourth consecutive month amid weaker demand from US clients due to increased trade frictions. Customs delays and difficulties at the US border, the conflict with Iran, and demand related to AI were also reported to have added strain to already stretched supply chains. Delivery delays were the most widespread since August 2022, while vendors reported shortages of available stock. As a result, firms drew down existing inventories, contributing to the first decline in stocks of purchases in six months. Product shortages and high energy prices pushed input costs higher, with inflation reaching its highest level since mid-2022. Confidence deteriorated to its lowest level since December 2025 as multiple headwinds weighed on sentiment. source: S&P Global
Manufacturing PMI in Canada decreased to 51.50 points in September from 53 points in August 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 decreased to 51.50 points in September from 53 points in August of 2026. Manufacturing PMI in Canada is expected to be 52.00 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.