Canada services PMI business activity index hits six-month low
Canada’s services economy contracted at its steepest pace in six months in August. S&P Global’s Canada services PMI showed the Business Activity Index falling to 46.8, as trade tensions and geopolitical instability weighed on new business.
By Fergal SmithCanada's services economy contracted at its steepest pace in six months in August as rising trade tensions and geopolitical instability weighed on new business, S&P Global's Canada services PMI data showed on Thursday.The headline Business Activity Index fell to 46.8 last month from…