December 2017 Canadian Markit manufacturing PMI 2 January 2018

  • New orders 54.6 vs 53.9 prior
  • Export orders 50.6 vs 49.4 prior
  • Output 54.1 vs 53.7 prior

A small beat but USDCAD is not taking notice.

From Markit;

  • Business conditions improve at fastest pace since September
  • New orders rise amid improved domestic and export demand
  • Suppliers’ delivery times lengthen sharply in December
  • Input prices increased sharply, but the rate of inflation eased from the three-and-a-half year peak seen in November
Ryan Littlestone

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