Breaking News

Canada Ivey Purchasing Managers Index (PMI)

Latest Release

May 06, 2022

Actual

66.3

Forecast

60.0

74.2

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.

Importance:

Country:

Currency: CAD

Source: Richard Ivey School of Busines...

Release Date	Time	Actual	Forecast	Previous
Jun 07, 2022 (May)	16:00			66.3
May 06, 2022 (Apr)	16:00	66.3	60.0	74.2
Apr 06, 2022 (Mar)	16:00	74.2	60.0	60.6
Mar 04, 2022 (Feb)	17:00	60.6	54.2	50.7
Feb 04, 2022 (Jan)	17:00	50.7		45.0
Jan 07, 2022 (Dec)	17:00	45.0		61.2

News

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