Canada's Ivey PMI dips in September as prices index climbs
EWC•Canada's seasonally adjusted Ivey PMI fell to 58.2 in September from 64.3 in August, while the adjusted prices index rose to 82.8 from 80.4.
1. Activity slows
Canada's economic activity expanded at a slower pace in September, with the seasonally adjusted Ivey PMI decreasing to 58.2 from 64.3 in August. A reading above 50 indicates an increase in activity.
2. Prices and employment
The adjusted prices index rose to 82.8 from 80.4, while the adjusted employment gauge increased to 56.5 from 55.0. The unadjusted PMI dipped to 61.9 from 62.7.
