Canada Markit PMI

  • Prior was 55.7
  • Output 53.9 vs 55.0 prior. The survey notes capacity constraints
  • new orders 55.7 vs 55.6 prior
  • New export order to the highest since March 2011
  • Output pries 58.7 -- highest in 7 years
  • Future output 69.6 vs 65.2 prior

That rise in output costs is the kind of thing that will get the Bank of Canada's attention.