The Toronto skyline in Canada

Canada PMI December 2017

Canada: Ivey PMI dips further in December, but remains elevated

The Ivey Purchasing Managers Index (PMI), prepared by the Richard Ivey School of Business, declined a seasonally-adjusted 2.6 points from November to 60.4 in December—coming in below the 62.2-point reading that market analysts had expected. Despite the drop, the index remained comfortably above the 50-point threshold that separates expansion from contraction in purchasing activity among Canadian firms.

Along with the PMI, Ivey releases four additional monthly indices related to business conditions, and their performances were mixed in December. Both the employment and prices indices remained in expansionary territory, although the price index recorded a decline from November. On the other hand, the inventories index dropped sharply from November and entered contractionary territory, while the supplier deliveries index continued contracting for a thirteenth consecutive month.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest