Ivey Canada Purchasing Managers Index (PMI)

Country:
Canada
CAD, Canadian dollar
Sector:
Business
High 49.6 61.7
62.2
Last release Importance Actual Forecast
Previous
61.1
49.6
Next release Actual Forecast
Previous
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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
Jul 2022
49.6
61.7
62.2
Jun 2022
62.2
61.2
72.0
May 2022
72.0
61.0
66.3
Apr 2022
66.3
67.6
74.2
Mar 2022
74.2
55.7
60.6
Feb 2022
60.6
47.8
50.7
Jan 2022
50.7
63.2
45.0
Dec 2021
45.0
64.0
61.2
Nov 2021
61.2
63.8
59.3
Oct 2021
59.3
62.7
70.4
Sep 2021
70.4
60.7
66.0
Aug 2021
66.0
40.4
56.4
Jul 2021
56.4
58.3
71.9
Jun 2021
71.9
57.0
64.7
May 2021
64.7
43.2
60.6
Apr 2021
60.6
79.7
72.9
Mar 2021
72.9
50.1
60.0
Feb 2021
60.0
32.4
48.4
Jan 2021
48.4
60.0
46.7
Dec 2020
46.7
67.4
52.7
Nov 2020
52.7
38.0
54.5
Oct 2020
54.5
38.0
54.3
Sep 2020
54.3
52.6
67.8
Aug 2020
67.8
74.1
68.5
Jul 2020
68.5
73.1
58.2
Jun 2020
58.2
25.1
39.1
May 2020
39.1
10.3
22.8
Apr 2020
22.8
48.3
26.0
Mar 2020
26.0
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
60.0
Nov 2019
60.0
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
59.0
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

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