empty
 
 

2025.09.0414:30:00UTC+00Canada's Services Sector Experiences Further Decline as PMI Drops to 48.6% in August

In a further sign of economic turbulence, Canada's Services Purchasing Managers' Index (PMI) saw a decrease to 48.6% in August 2025, as revealed by the latest figures updated on September 4, 2025. This marks a continued decline from the previous month's PMI figure of 49.3% recorded in July 2025.

The PMI is a critical indicator of economic health in the services sector, with a reading below 50% indicating contraction. The recent drop underscores ongoing challenges within the sector, as businesses grapple with issues ranging from consumer spending to supply chain disruptions.

This month-over-month decline highlights a concerning trend for Canadian policymakers and businesses striving for economic resilience. The continued contraction could signal further economic pressures ahead, prompting potential interventions to stimulate growth or stabilize the sector. Stakeholders will need to closely monitor upcoming indicators to assess the overall trajectory of Canada's service industry.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback