Canada’s services sector continues to contract amid weak demand
Latest news on WhatsApp أجدد الأخبار على واتسابCanada’s services sector remained in contraction in December 2025, according to the latest purchasing managers’ index data, signaling ongoing economic challenges as the year came to a close.
The data showed that activity in the sector was weighed down by weaker demand and reduced consumer spending, affecting new business volumes and overall confidence among service providers.
Economists say the continued contraction reflects broader pressures linked to higher living costs and tighter financial conditions, as markets closely watch upcoming policy decisions.
The services sector is a key pillar of the Canadian economy, and its performance is closely monitored by policymakers and the Bank of Canada as the country enters 2026.
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Tahani Elghazaly5258 Posts
