The rate of improvement in business conditions at Canadian manufacturers lost some momentum in August, but remained marked nonetheless. The latest data signalled further robust expansions in production and new business, which in turn contributed to the sharpest round of job creation in the series history. Meanwhile, input price inflation softened to a ten-month low but remained steep overall, leading to another sharp rise in average selling prices amid rising client demand. The headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index® (PMI™) registered 54.6 in August, to remain above ... (full story)