Canadian factory PMI hits 3-1/2-year low on 'subdued' demand
The input price index was at 54.1, down from 55.6 in November and the output price measure fell to 52.7 from 54.8.
The measure of employment moved back into contraction territory and prices rose, but the pace of price increases decelerated which could be one potential bright spot heading into 2024. (Image credit: Reuters)