Highlights of the October 2015 Canadian RBC manufacturing PMI data report 2 November 2015
- Last month was the lowest on record
- Now this month is the lowest on record
- Output 46.0 vs 48.5 prior
- New orders rose this month
- Input cost also rose
Not good reading for the Canadians
USDCAD rose around 8 pips
A lack of spending in the resource sector, particularly gas and oil, as well as global weakness has been blamed for the further loss
Canadian manufacturing PMI