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Canada's services economy contracted in March due to global uncertainties and the Middle East conflict.
Canada's services economy contracted in March, with the S&P Global PMI dropping to 47.2, signaling ongoing weakness.
Analysts attribute the downturn to global uncertainties and the Middle East conflict, which have increased costs and dampened business confidence.
Despite some stabilization indicators, the sector faces significant headwinds.
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La economía de servicios de Canadá se contrajo en marzo debido a las incertidumbres globales y al conflicto de Medio Oriente.