- Analytics
- News and Tools
- Market News
- Canada's private sector activity continues to contract in January, albeit at slower pace
Canada's private sector activity continues to contract in January, albeit at slower pace
The Ivey
Business School Purchasing Managers Index (PMI), measuring Canada’s economic
activity, increased to 48.4 in January 2021 from 46.7 in December 2020.
A reading above
50 signals expansion, while a reading below 50 indicates contraction.
Within
sub-indexes, the prices index climbed to 82.8 in January from 66.9 in December,
while the inventories indicator rose to 56.7 from 43.8 and the supplier
deliveries gauge increased to 34.7 from 30.1.
At the same
time, the employment measure fell to 41.5 in January from 45.8 in the previous
month. This was the lowest level since April 2020.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
