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Canada's Ivey PMI shows activity expanding in December
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Canada's Ivey PMI shows activity expanding in December
Mar 10, 2026 11:55 PM

TORONTO, Jan 7 (Reuters) - Canadian economic activity

expanded in December as employment increased at the ‌fastest pace

in 10 months, Ivey ​Purchasing Managers Index (PMI) data ‍showed

on Wednesday.

The seasonally ⁠adjusted ⁠index rose to 51.9 last ‌month from

48.4 ​in November.

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 gauge of ​employment ‍increased to an adjusted 53.0 from

48.0 in ​November, posting its highest level since February,

while the prices index was at 63.2, down from 66.1.

The ​unadjusted PMI dipped to 43.3 from 44.5.

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