Canada's Ivey PMI Rises to 58.3 in October as Employment Gauge Climbs
Updated
Updated · Reuters · Nov 6
Canada's Ivey PMI Rises to 58.3 in October as Employment Gauge Climbs
3 articles · Updated · Reuters · Nov 6
Summary
58.3 was the seasonally adjusted Ivey PMI reading in October, up from 58.2 in September and signaling slightly faster expansion in Canadian economic activity.
58.3 was also the employment gauge, which rose from 56.5 and helped drive the modest improvement in the headline index.
81.7 was the adjusted prices index, down from 82.8, while the unadjusted PMI fell to 56.4 from 61.9.
50 remains the threshold for growth, leaving both the adjusted and unadjusted measures in expansion territory despite the mixed underlying readings.