Canada’s Ivey PMI Rises in May

The Canadian seasonally adjusted Ivey Purchasing Managers’ Index (PMI) increased in May to 64.7 from 60.6 in April, data showed on Friday.

The employment index leveled up to 67.0 from 58.0, while the inventories index rose to 65.3 from 59.4 in the previous month.

The supplier deliveries index fell to 34.8 from 37.8 in April.

Meanwhile, the unadjusted PMI dropped to 59.8 from 59.9.