financetom
World
financetom
/
World
/
Canada's Ivey PMI shows activity accelerating in April
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Canada's Ivey PMI shows activity accelerating in April
May 7, 2024 7:44 AM

TORONTO, May 7 (Reuters) - Canadian economic activity

expanded at a faster pace in April as measures of employment and

inflation pressures climbed, Ivey Purchasing Managers Index

(PMI) data showed on Tuesday.

The seasonally adjusted index rose to 63.0 from 57.5 in

March. A reading above 50 indicates an increase in activity.

The Ivey PMI measures the month to month variation in

economic activity as indicated by a panel of purchasing managers

from across Canada.

The gauge of employment rose to an adjusted 56.4 from 55.4

in March, while the prices index was up at 62.4, its highest

level since December, from 57.9.

The unadjusted PMI rose to 65.7 from 63.0.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CANADA STOCKS-TSX closes down ahead of bank earnings
CANADA STOCKS-TSX closes down ahead of bank earnings
Aug 25, 2025
* TSX down 0.58% as seven sectors decline * Canadian banks to set aside C$5.22 billion in loan-loss provisions * NovaGold and Energy Fuels Inc gain amid sector declines (Updates with closing price) By Nikhil Sharma Aug 25 (Reuters) - Canada's main stock index closed in the negative on Monday as investors get ready for a week of earnings from...
Trading Day: Pivoting on Powell's pivot
Trading Day: Pivoting on Powell's pivot
Aug 25, 2025
ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Investors on Monday wound back some of Friday's sharp market swings sparked by Fed Chair Jerome Powell's dovish pivot, a reversal that saw the dollar spike higher, Wall Street close lower and the U.S. yield curve flatten. More on that below. In...
TRADING DAY-Pivoting on Powell's pivot
TRADING DAY-Pivoting on Powell's pivot
Aug 25, 2025
ORLANDO, Florida, Aug 25 (Reuters) - TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Investors on Monday wound back some of Friday's sharp market swings sparked by Fed Chair Jerome Powell's dovish pivot, a reversal that saw the dollar spike higher, Wall Street close lower and the U.S. yield curve flatten. More on...
Australia's Fortescue reports smallest annual profit in 5 years on lower iron ore prices
Australia's Fortescue reports smallest annual profit in 5 years on lower iron ore prices
Aug 25, 2025
(Reuters) -Australia's Fortescue reported its smallest full-year profit in five years on Tuesday, largely in line with estimates, as prices of iron ore remained under pressure due to oversupply concerns and slowing China demand. Increased shipments from Australia, Brazil and South Africa, combined with reduced steel output in China, pressured iron ore prices for most of the financial year, denting...
Copyright 2023-2026 - www.financetom.com All Rights Reserved