Canada: Ivey Purchasing Managers Index improves to 61.3 in August from 56.7 in July

The Ivey Purchasing Managers Index (PMI), an economic index which measures the month to month variation in economic activity, rose to 61.3 (not seasonally adjusted) in August from 56.7 in July.  The seasonally adjusted version of the data came in at 61.9 to surpass the analysts’ expectation of 61.4 Below are the (not seasonally adjusted) sub-indexes.

• Ivey Employment Index improved  to 62 from 54.5.
• Ivey Inventories Index stayed unchanged at 53.3.
• Ivey Supplier Deliveries Index rose to 45.5 from 44.6.
• Ivey Prices Index jumped to 70.6  from 67.4.