Canada Ivey PMI Highest Since April 2018 at 72.9

Canada’s March Ivey PMI at 72.9, the highest Since April 2018. The index recovering from the pandemic lockdown and all the fallout from political scandals and falling Canadian energy prices. Employment was 62.7 versus 54.0 last month

Canada’s March Ivey PMI at 72.9, the highest Since April 2018. The index recovering from the pandemic lockdown and all the fallout from political scandals and falling Canadian energy prices. Employment was 62.7 versus 54.0 last month

 Canada Ivey March 2021

Canada Ivey PMI index for March

  • 72.9 versus 60.0 last month (adjusted index)
  • unadjusted index comes in at 67.3 in March
  • Employment 62.7 versus 54.0 last month
  • Supply deliveries 39.6 versus 38.6 last month
  • Crisis 75.1 versus 80.2 last month
  • Inventory 61.7 versus 57.8 last month

The level of 72.9 is the highest since April 2018 when the index reached 71.5. The all-time high was back in March 2011 when the index reached 73.3.  with Com when the index reached 71.5.

The all-time high was back in March 2011 when the index reached 73.3. 

Source: Ivey Business School

From The TradersCommunity NewsDesk

Leave a Reply

Your email address will not be published. Required fields are marked *