Black Friday Sale! Save huge on InvestingProGet up to 60% off

Canada's Ivey purchasing index slips to 55.2 in January

Published 2018-02-06, 10:29 a/m
Canada's Ivey purchasing index slips to 55.2 in January

Feb 6 (Reuters) - The growth of purchasing activity in Canada slowed in January as supplier deliveries slipped, while inventories climbed, according to Ivey Purchasing Managers Index data released on Tuesday.

The seasonally adjusted index fell to 55.2 from 60.4 in December, short of analysts' expectations for 61.0. A reading above 50 indicates an increase in activity.

The gauge of supplier deliveries fell to 46.4 from 48.2, while inventories climbed to 58.4 from 49.1.

The unadjusted index rose to 51.3 from 49.3.

<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Graphic - Canada Ivey PMI data and growth

http://link.reuters.com/hyp75t

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.