Canada: Ivey PMI eased to 60.4 in December

The Ivey Purchasing Managers Index (PMI) released by the Ivey Business School dropped to 60.4 in December (seasonally adjusted) from 63 in November.

Key highlights

Ivey Employment Index improved to 56.7 in December from 53.9 in November.

Ivey Inventories Index dropped to 49.1 in December from 60.1 in November.

Ivey Supplier Deliveries Index rose to 48.2 in December from 45.8 in November.

Ivey Prices Index eased to 62.5 in December from 67.7 in November.