Manufacturing south of the border slowed a mite last month, according to a study by Markit Economics on Monday,
Markit's final purchasing manager's index fell to 53.3, below the forecast for 53.5 according to Bloomberg. February's reading came in at 53.4. January's reading of 55 provided a 22-month peak for the number.
Markit said the latest reading was the lowest since September 2016, and that new orders expanded at the slowest pace since last October, thereby signaling a sustained loss of momentum from the peak seen at the start of the year.
March data pointed to a further moderation in output growth from the peak seen at the start of 2017. The latest rise in production was the slowest for six months, but still much stronger than the soft patch seen in mid-2016.
Survey respondents noted that the improving domestic economic backdrop and rising spending from energy sector clients had helped to boost workloads in March.
