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Canada Ivey Purchasing Managers Index (PMI)
Latest Release
May 07, 2021
Actual60.6
Forecast60.5
Previous72.9
The Ivey Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in Canada. A reading above 50 indicates expansion; a reading below 50 indicates contraction. The index is a joint project of the Purchasing Management Association of Canada and the Richard Ivey School of Business. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| May 07, 2021 (Apr) | 10:00 | 60.6 | 60.5 | 72.9 | |
| Apr 07, 2021 (Mar) | 10:00 | 72.9 | 60.5 | 60.0 | |
| Mar 05, 2021 (Feb) | 11:00 | 60.0 | 48.4 | ||
| Feb 05, 2021 (Jan) | 11:00 | 48.4 | 46.7 | ||
| Jan 07, 2021 (Dec) | 11:00 | 46.7 | 54.7 | 52.7 | |
| Dec 07, 2020 (Nov) | 11:00 | 52.7 | 54.7 | 54.5 |
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Ivey PMI Discussion
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