- Canada’s Ivey purchasing managers’ index drops to 52.9 in June
Market news
7 August 2015
Canada’s Ivey purchasing managers’ index drops to 52.9 in June
Canada's seasonally adjusted Ivey purchasing managers' index dropped to 52.9 in June from 55.9 in May. Analysts had expected the index to decrease to 52.0.
A reading above 50 indicates a rise in the pace of activity, below 50 indicates a contraction in the pace of activity.
The supplier deliveries index was at 47.6 in June, while employment index was at 49.1.
Inventories index was at 41.2.
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