Canada Factory Activity Sees Strong Growth Despite Supply Shocks

Canada Factory Activity Sees Strong Growth Despite Supply Shocks
An automated packing line at Promation, a robotics engineering and automation manufacturing firm in Oakville, Ontario, Canada, on March 12, 2021. Carlos Osorio/Reuters
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TORONTO—Canadian manufacturing activity grew in September at a pace that was little changed from the prior month’s robust level, while global supply shocks helped to lift measures of inflation to record highs, data showed on Friday.

The IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI) dipped to a seasonally adjusted 57.0 in September from 57.2 in August, but not far off March’s record-setting pace of 58.5.