By Finance Pulse in Transformative —

Canada's Services PMI Drops Below 50, Signaling Contraction

Canada's services PMI declines to 48.2 in December, marking the sector's first contraction since September. Learn what this means for the economy.

An aesthetic graph illustrating the decline in Canada's services PMI, with a downward trend line, se
Canada's Services PMI Drops Below 50, Signaling Contraction

Canada's services PMI fell to 48.2 in December from 51.2 in November, indicating a contraction in the services sector for the first time since September.

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