Canada PMI

Canada

Canada: PMI continues to moderate in April

May 6, 2014

The Ivey Purchasing Managers Index (PMI), which is sponsored by the Richard Ivey School of Business and the Purchasing Management Association of Canada, fell a seasonally-adjusted 1.1 points to 54.1 points in April. The print came in slightly below market analysts' expectations of a decline to 54.5 points. The drop followed the modest decrease to 55.2 points that was tallied in March. Nevertheless, the index remains above the 50-point threshold that indicates expansion in the manufacturing sector.

FocusEconomics Consensus Forecast panelists see industrial production expanding 2.4% in 2014, which is unchanged from last month's forecast. For 2015, the panel expects industrial production growth at 2.8%.


Author:, Head of Data Solutions

Sample Report

Looking for forecasts related to PMI in Canada? Download a sample report now.

Download

Canada PMI Chart


Canada PMI April 2014

Note: Ivey Purchasing Managers Index. A reading above 50 indicates an expansion in the manufacturing sector while a value below 50 points to a contraction.
Source: Richard Ivey School of Business and the Purchasing Management Association of Canada.


Canada Economic News

More news

Search form