Loading...
Canada Ivey PMI Slips To 50.9 Missing Forecasts
Canada’s Ivey Purchasing Managers Index (PMI) for January came in at 50.9, falling short of the consensus estimate of 51.5 and down from December’s 51.9 reading. The latest figure suggests a modest slowdown in Canadian business activity, as the index hovers just above the 50 threshold that separates expansion from contraction. This weaker-than-expected result may signal caution among Canadian firms, reflecting ongoing economic uncertainty and potentially tempering expectations for robust near-term growth.
