Markit Canada Manufacturing Purchasing Managers Index (PMI)

Country:
Canada
CAD, Canadian dollar
Source:
Sector:
Business
Medium 54.9 53
53.9
Last release Importance Actual Forecast
Previous
54.5
54.9
Next release Actual Forecast
Previous
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Markit Canada Manufacturing Purchasing Managers Index (PMI) shows changes in business conditions in Canada's industrial sector in the specified month. The indicator is based on monthly surveys of purchasing managers working in more than 400 private companies of the manufacturing sector.

Often purchasing managers can track changes in market conditions prior to other company employees, because purchases precede company's production activities. Purchasing managers are among the first to notice such changes in business conditions. The sample for the survey is chosen so as to cover the maximum possible number of large companies across the country.

Respondents are interviewed regarding five main parameters: production, new orders, supplier deliveries, inventory levels and employment environment. The survey participants provide relative estimates: whether figures have increased, decreased or remain unchanged. PMI is a composite index, having five individual indexes with the following weights: new orders - 0.3, output - 0.25, employment - 0.2, suppliers’ delivery times - 0.15, stock of items purchased - 0.1.

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. Manufacturing PMI growth is an indication of favorable 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 "Markit Canada Manufacturing 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
Nov 2018
54.9
53
53.9
Oct 2018
53.9
54.1
54.8
Sep 2018
54.8
56.6
56.8
Aug 2018
56.8
57.1
56.9
Jul 2018
56.9
57.5
57.1
Jun 2018
57.1
55.4
56.2
May 2018
56.2
55.4
55.5
Apr 2018
55.5
55.6
55.7
Mar 2018
55.7
55.7
55.6
Feb 2018
55.6
55.8
55.9
Jan 2018
55.9
54.8
54.7
Dec 2017
54.7
54.5
54.4
Nov 2017
54.4
55.3
54.3
Oct 2017
54.3
56
55
Sep 2017
55
55.5
54.6
Aug 2017
54.6
55.5
Jul 2017
55.5
54.7
Jun 2017
54.7
55.1
May 2017
55.1
55.9
Apr 2017
55.9
55.5
Mar 2017
55.5
54.7
Feb 2017
54.7
53.5
Jan 2017
53.5
51.8
Dec 2016
51.8
51.5
Nov 2016
51.5
51.1
Oct 2016
51.1
50.3
Sep 2016
50.3
51.1
Aug 2016
51.1
51.9
Jul 2016
51.9
51.8
Jun 2016
51.8
52.1
May 2016
52.1
52.2
Apr 2016
52.2
51.5
Mar 2016
51.5
49.4
Feb 2016
49.4
49.3
Jan 2016
49.3
47.5
Dec 2015
47.5
48.6
Nov 2015
48.6
48
Oct 2015
48
48.6
Sep 2015
48.6
49.4
Aug 2015
49.4
50.8
Jul 2015
50.8
51.3
Jun 2015
51.3
49.8
May 2015
49.8
49
Apr 2015
49
48.9
Mar 2015
48.9
48.7
Feb 2015
48.7
51
Jan 2015
51
53.9
Dec 2014
53.9
55.3
Nov 2014
55.3
55.3
Oct 2014
55.3
53.5

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