Investing.com - Financial Markets Worldwide
📈 Will you get serious about investing in 2025? Take the first step with 50% off InvestingProClaim Offer

Canada's Ivey PMI shows activity expanding at slower pace in February

Published 03/06/2023, 10:23 AM
Updated 03/06/2023, 10:26 AM
© Reuters. FILE PHOTO: A Port train carrying shipping containers pulls up beside a cargo ship in the Port of Montreal in Montreal, Quebec, Canada, May 17, 2021. REUTERS/Christinne Muschi/File Photo

OTTAWA (Reuters) - Canadian economic activity expanded at a slower pace in February, Ivey Purchasing Managers Index (PMI) data showed on Monday.

The seasonally adjusted index fell to 51.6 from 60.1 in January.

The Ivey PMI measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada. A reading above 50 indicates an increase in activity.

© Reuters. FILE PHOTO: A Port train carrying shipping containers pulls up beside a cargo ship in the Port of Montreal in Montreal, Quebec, Canada, May 17, 2021. REUTERS/Christinne Muschi/File Photo

The gauge of employment fell to an adjusted 59.4 from 60.5 in January, while the supplier deliveries index was at 55.8, up from 52.3.

The unadjusted PMI fell to 50.8 from 54.7.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.