Canada's Ivey PMI shows activity expanding at slower pace in October
Tweet
Share
E-mail
Emissions billows from an industrial sector housing steel companies in Hamilton, Ontario, Canada, March 13, 2025. REUTERS/Carlos Osorio
TORONTO (Reuters) -Canadian economic activity expanded at a slower pace in October as a measure of prices edged higher, Ivey Purchasing Managers Index (PMI) data showed on Thursday.
The seasonally adjusted index fell to 52.4 last month from 59.8 in September.
The Ivey PMI measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada. A reading above 50 indicates an increase in activity.
The gauge of employment rose to an adjusted 51.8 from 50.2 in September, while the prices index was at 64.3, up from 63.2.
The unadjusted PMI fell to 51.7 from 61.6.
(Reporting by Fergal Smith)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- KKR makes $9 billion takeover bid for energy distributor UGI, WSJ reports
- Stocks slide, yields elevated as Mideast conflict fears grow
- White House defends Trump's ability to vote by mail
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
