Business activity in Canada’s manufacturing sector continued to expand at a solid pace in March, according to the IHS Markit Manufacturing PMI Index, which climbed to 58.5 from a reading of 54.8 in February.
Shreeya Patel, an economist at IHS Markit indicated that the sector ended the first quarter of 2021 in an optimistic way and with the best survey data in ten years. He attributed the growth to an increase in demand, due to lower restrictions due to coronarivus.
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