The Ivey Purchasing Managers Index in Canada tumbled to 49.6 in July of 2022 from 62.2 in the previous month. It was the lowest reading since last December, pointing to a contraction in economic activity. Decreases were observed in employment (61.4 vs 67.9 in June) and inventories (61.5 vs 66.7). Meanwhile, supplier delivery times shortened (39.4 vs 42.6) and price pressures eased (73.8 vs 77.9). source: Richard Ivey School of Business

Business Confidence in Canada averaged 56.99 points from 1999 until 2022, reaching an all time high of 75 points in May of 2006 and a record low of 22.80 points in April of 2020. This page provides the latest reported value for - Canada Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Business Confidence in Canada is expected to be 60.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada is projected to trend around 58.00 points in 2023, according to our econometric models.

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Canada



Calendar GMT Actual Previous Consensus TEForecast
2022-07-07 02:00 PM Jun 62.2 72 64
2022-08-05 02:00 PM Jul 49.6 62.2 61
2022-09-08 02:00 PM Aug 49.6


Related Last Previous Unit Reference
Business Confidence 49.60 62.20 points Jul 2022

Canada
The Ivey Purchasing Managers Index (PMI) is an economic index which measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada, and is prepared by the Ivey Business School at Western University. The PMI includes both the public and private sectors and is based on month end data Ivey PMI panel members indicate whether their organizations activity is higher than, the same as, or lower than the previous month across the following five categories: purchases, employment, inventories, supplier deliveries and prices.A headline value above 50 indicates an increase in purchases from the previous month and a value below 50 indicates a decrease.
Actual Previous Highest Lowest Dates Unit Frequency
49.60 62.20 75.00 22.80 1999 - 2022 points Monthly

News Stream
Canada Ivey PMI Slips to 7-Month Low
The Ivey Purchasing Managers Index in Canada tumbled to 49.6 in July of 2022 from 62.2 in the previous month. It was the lowest reading since last December, pointing to a contraction in economic activity. Decreases were observed in employment (61.4 vs 67.9 in June) and inventories (61.5 vs 66.7). Meanwhile, supplier delivery times shortened (39.4 vs 42.6) and price pressures eased (73.8 vs 77.9).
2022-08-05
Canada Ivey PMI Falls to 4-Month Low
The Ivey Purchasing Managers Index in Canada fell to 62.2 in June of 2022 from 72 in the previous month. It was the lowest reading since February, as inventories dropped (66.7 vs 69.8 in May) and supplier delivery times lengthened (42.6 vs 42.3). Meanwhile, the pace of job creation was stable (at 67.9) and price pressures softened for the second month (77.9 vs 82.4).
2022-07-07
Canada Ivey PMI Increases in May
The Ivey Purchasing Managers Index in Canada rose to 72 in May of 2022 from 66.3 in the previous month. The pace of job creation picked up (67.9 vs 65.1 in April) and inventories also rose (69.8 vs 64.1) while prices edged down (82.4 vs 90.2). Meanwhile, supplier delivery times lengthened (42.3 vs 37.8).
2022-06-07