- Analytics
- News and Tools
- Market News
- Canada's purchasing activity drops more than forecast in April
Canada's purchasing activity drops more than forecast in April
The Ivey Business School Purchasing Managers Index (PMI), measuring Canada's economic activity, decreased to 22.8 in April from an unrevised 26.0 in March. This was the lowest reading on record.
Economists had expected the gauge to hit 25.0.
A figure above 50 shows an increase while below 50 shows a decrease.
Within sub-indexes, the employment measure fell to 22.98 in April from 26.8 in the previous month and the prices index dropped to 51.2 from 57.3. Meanwhile, the inventories indicator rose to 34.5 in April from 33.6 in March and the supplier deliveries gauge increased to 18.2 from 17.7.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
