Investing.com - Canada's Ivey purchasing managers’ index fell less-than-expected in September, industry data showed on Thursday.
In a report, the Richard Ivey School of Business said its purchasing managers’ index fell to 60.4 in September from a reading of 62.5 in August.
Analysts had expected the index to decline to 59.0 in September.
A figure above 50.0 indicates industry expansion, below indicates contraction.
Following the release of the data, the Canadian dollar held on to gains against its U.S. counterpart, with USD/CAD shedding 0.43% to trade at 0.9833.
In a report, the Richard Ivey School of Business said its purchasing managers’ index fell to 60.4 in September from a reading of 62.5 in August.
Analysts had expected the index to decline to 59.0 in September.
A figure above 50.0 indicates industry expansion, below indicates contraction.
Following the release of the data, the Canadian dollar held on to gains against its U.S. counterpart, with USD/CAD shedding 0.43% to trade at 0.9833.