Ivey Canada Purchasing Managers Index (PMI)

Country:
Canada
CAD, Canadian dollar
Sector:
Business
High 22.8 48.3
26
Last release Importance Actual Forecast
Previous
10.3
22.8
Next release Actual Forecast
Previous
  • Overview
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Canada Ivey Purchasing Managers Index (Ivey PMI) shows economic activity in the past month, calculated by the Ivey School of Business.

The indicator is calculated based on a survey of purchasing managers in the private and public sector companies. The survey involves representatives of several hundred companies selected in view of their field of activity and geographical location. Respondents answer questions about whether purchases, employment, supplies and prices in their sector have become better, worse or has not changed over the reported month. The answers to questions do not contain quantitative assessments, while respondents describe activities in terms of "higher", "lower" or "unchanged" as compared to the previous month.

Often purchasing managers can track changes in market conditions prior to other company employees, because purchases precede company's production activities.

The index is seasonally adjusted. Individual weights are given to polled companies. Readings above 50 indicate that most of respondents positively characterize current business conditions. Readings below 50 mean worsening of business conditions.

PMI is one of the most popular indexes closely watched by analysts. It provides operational information covering the entire manufacturing sector. It is interpreted as a leading indicator of production and inflation. Index growth is an indication of favorable changes in market conditions and can be seen as positive for the Canadian dollar.

Last values:

actual data

forecast

The chart of the entire available history of the "Ivey Canada Purchasing Managers Index (PMI)" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Apr 2020
22.8
48.3
26
Mar 2020
26
54.1
54.1
Feb 2020
54.1
53.6
57.3
Jan 2020
57.3
53.3
51.9
Dec 2019
51.9
53.8
60
Nov 2019
60
53.8
48.2
Oct 2019
48.2
54.4
48.7
Sep 2019
48.7
54.3
60.6
Aug 2019
60.6
54.3
54.2
Jul 2019
54.2
54.8
52.4
Jun 2019
52.4
55.6
55.9
May 2019
55.9
56.7
55.9
Apr 2019
55.9
56.7
54.3
Mar 2019
54.3
57.3
50.6
Feb 2019
50.6
57.9
54.7
Jan 2019
54.7
59
59.7
Dec 2018
59.7
58.2
57.2
Nov 2018
57.2
58.2
61.8
Oct 2018
61.8
59.2
50.4
Sep 2018
50.4
62.6
61.9
Aug 2018
61.9
63.6
61.8
Jul 2018
61.8
64.8
63.1
Jun 2018
63.1
64.8
62.5
May 2018
62.5
62.8
71.5
Apr 2018
71.5
58.5
59.8
Mar 2018
59.8
58.9
59.6
Feb 2018
59.6
58.7
55.2
Jan 2018
55.2
59.9
60.4
Dec 2017
60.4
59.2
63
Nov 2017
63
59.9
63.8
Oct 2017
63.8
59
59.6
Sep 2017
59.6
58.1
56.3
Aug 2017
56.3
60
Jul 2017
60
61.6
Jun 2017
61.6
53.8
May 2017
53.8
62.4
Apr 2017
62.4
61.1
Mar 2017
61.1
55
Feb 2017
55
57.2
Jan 2017
57.2
60.8
Dec 2016
60.8
56.8
Nov 2016
56.8
59.7
Oct 2016
59.7
58.4
Sep 2016
58.4
52.3
Aug 2016
52.3
57
Jul 2016
57
51.7
Jun 2016
51.7
49.4
May 2016
49.4
53.1
Apr 2016
53.1
50.1
Mar 2016
50.1
53.4

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