TORONTO, March 6 (Reuters) - Canadian economic activity
expanded at a slower pace in February as a measure of employment
declined, Ivey Purchasing Managers Index (PMI) data showed on
Wednesday.
The seasonally adjusted index fell to 53.9 from 56.5 in
January, posting its lowest level since October
The Ivey PMI measures the month to month variation in
economic activity as indicated by a panel of purchasing managers
from across Canada. A reading above 50 indicates an increase in
activity.
The employment index fell to an adjusted 50.8 from 57.2 in
January, while the prices index was at 60.4, down from 62.2.
The unadjusted PMI rose to 56.3 from 54.4.