Reuters, September 7, 2018 - According to Ivey Purchasing Managers Index (PMI) data released on Thursday, Canadian economic activity increased in August after contracting the previous month.
From 48.6 in July, the seasonally adjusted PMI increased to 53.5. An increase in activity is indicated by a value above 50.
The Ivey PMI tracks changes in economic activity from month to month as reported by a panel of purchasing managers from throughout Canada.
Author
Daniel Jack
For Daniel, journalism is a way of life. He lives and breathes art and anything even remotely related to it. Politics, Cinema, books, music, fashion are a part of his lifestyle.
