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Canada Ivey Purchasing Managers Index (PMI)

Canada Ivey Purchasing Managers Index (PMI)

Actual: 54.3
Previous: 67.8
Release Date: Oct 07, 2020
Currency: CAD
Country: Canada
Source Of Report: Richard Ivey School of Business

The Ivey Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results conducted on companies throughout the country. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge.

A reading that is stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.

Release Date Actual Forecast Previous
Nov 06, 2020 (Oct) 54.3
Oct 07, 2020 (Sep) 54.3 67.8
Sep 04, 2020 (Aug) 67.8 57.5 68.5
Aug 07, 2020 (Jul) 68.5 57.5 58.2
Jul 07, 2020 (Jun) 58.2 39.1
Jun 05, 2020 (May) 39.1 22.8

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