The Toronto skyline in Canada

Canada PMI November 2018

Canada: Ivey PMI edges down in November

The Ivey Purchasing Managers’ Index (PMI), prepared by the Richard Ivey School of Business, decreased to 57.2 in November from 61.8 in October. However, the index remained well above the 50-point threshold separating expansion from contraction in purchasing activity by Canadian firms.

Along with the PMI, Ivey measures four other business-related indices, all of which notched down in November over the previous month. Most notably, the prices index saw a sharp fall, likely on lower oil prices. The employment index ticked down marginally in November but remained higher than the same time last year, while firms accumulated inventories at a slower pace compared to October and delivery times shortened.

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