Open Demo Account
Home / Market Update / Canada’s Ivey PMI Rebounds in June

Canada’s Ivey PMI Rebounds in June

M. Ali 7 July, 2021 8:31 pm Market Update

Economic activity in Canada expanded last month showing more signs of recovery, Ivey Purchasing Managers Index (PMI) data showed on Wednesday.

The Canadian seasonally adjusted Ivey Purchasing Managers’ Index (PMI) increased in June to 71.9 from 64.7 in May.

This marked the highest reading for the index since March.

The employment index leveled up to 69.6 from 67.0, while the prices index rose to 79.4 from 78.6.

Meanwhile, the unadjusted PMI rose to 67.7 from 59.8.

Tags

Check Also

GBP/USD: A Battered Pound Faces Headwinds

The Pound Sterling has been under significant pressure in recent days, with the GBP/USD pair …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends