The Ivey Purchasing Managers Index (PMI), which is sponsored by the Richard Ivey School of Business and the Purchasing Management Association of Canada, inched down from 66.0 points in February to 65.0 points in March. The reading contrasted market expectations that had the PMI edging up to 67.0 points. Nevertheless, the PMI remained above the 50-point threshold for an eighth consecutive month, which suggests that the manufacturing sector continues to expand. On a seasonally adjusted basis, the Ivey PMI fell from 66.5 points in February to 63.5 points in March. The deterioration over the previous month was broad-based, as it reflected a decrease in all five sub-components of the index, with the inventories and the prices categories recording the biggest declines.
PMI inches down in March
April 5, 2012
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Canada Economic News
October 11, 2016
The Teranet-National Bank National Composite House Price index rose 0.7% in September from the previous month, which followed the 1.5% increase in August.
October 8, 2016
Seasonally-adjusted annualized housing starts registered 220,600 units in September, according to the government-owned Canada Mortgage and Housing Corporation (CMHC).
October 7, 2016
The Ivey Purchasing Managers’ Index (PMI), sponsored by the Richard Ivey School of Business and the Purchasing Management Association of Canada, increased a seasonally-adjusted 6.1 points in September, rising from 52.3 in August to 58.4.
September 30, 2016
In July, GDP grew a strong 0.5% over the previous month in seasonally-adjusted terms.
September 23, 2016
In August, seasonally-adjusted consumer prices recorded a 0.1% decrease over the previous month, which was down from the flat figure recorded in July and marked the lowest reading in six months.