• Canada's private sector activity continues to contract in January, albeit at slower pace

Notícias do Mercado

5 fevereiro 2021

Canada's private sector activity continues to contract in January, albeit at slower pace

The Ivey Business School Purchasing Managers Index (PMI), measuring Canada’s economic activity, increased to 48.4 in January 2021 from 46.7 in December 2020.

A reading above 50 signals expansion, while a reading below 50 indicates contraction.

Within sub-indexes, the prices index climbed to 82.8 in January from 66.9 in December, while the inventories indicator rose to 56.7 from 43.8 and the supplier deliveries gauge increased to 34.7 from 30.1.

At the same time, the employment measure fell to 41.5 in January from 45.8 in the previous month. This was the lowest level since April 2020.

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