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Canadian Manufacturing Activity Slowed in October

Nov. 1 (Bloomberg) -- Canadian manufacturing activity slowed in Oct., according to the RBC Manufacturing Purchasing Managers Index.

The manufacturing PMI is designed to provide a single figure snap-shot for Canadian manufacturing. Anything above 50 indicates expansion; below 50, a contraction. The greater the divergence from 50, the greater the rate of change.

====================================================
                        Oct.        Sept.
                        2011        2011
====================================================
PMI                      53.7        55.0
====================================================
All indices are seasonally adjusted

SOURCE: RBC

To contact the reporter on this story: Ilan Kolet in Ottawa at ikolet@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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