Canada's Ivey PMI dips in September as prices index climbs
SPY•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 and prices
The seasonally adjusted Ivey Purchasing Managers Index fell to 58.2 in September from 64.3 in August, when it reached its highest level since May 2022. A reading above 50 indicates an increase in activity. The adjusted prices index rose to 82.8 from 80.4, while the employment gauge increased to 56.5 from 55.0. The unadjusted PMI dipped to 61.9 from 62.7.
