Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Ivey Purchasing Managers Index s.a was 49.7 against a forecast of 55.9.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Ivey Purchasing Managers Index s.a result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Average Hourly Wages (YoY) | Bullish change | 4.2% | 5.1% | ||
| Net Change in Employment | Bullish change | -83.9K | 14.1K | ||
| Unemployment Rate | (no change) | 6.7% | 6.7% | ||
| Ivey Purchasing Managers Index | Bullish change | 56.3 | 56.5 | ||
| S&P Global Manufacturing PMI | Bearish change | 51 | 50 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.2% | 0.1% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Ivey Business School |
| Category: | Economic Activity |
| Frequency: | Monthly |