February Ivey PMI Index in Canada Shows a Slight Decline
Wednesday, 6 March 2024, 15:12
February Ivey PMI Index in Canada
The Ivey Purchasing Managers' Index (PMI) for Canada in February was released, showing a reading of 53.9, lower than the previous month.
Key Components:
- Employment: 50.8 (vs. 57.2 previous month)
- Inventories: 53.6 (vs. 50.3)
- Supplier Deliveries: 50.3 (vs. 51.8)
- Price Index: 60.4 (vs. 62.2)
The data indicates a slight slowdown in economic activity, as most components recorded lower values compared to the previous month.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.