| Indicator | Value |
|---|---|
| Forecast | 57.2 |
| Previous | 56.6 |
The Ivey PMI is an economic activity indicator in Canada that measures changes in the level of activity in the services sector. A value above 50 indicates expansion, while below 50 indicates contraction. It is an important indicator for investors as it can influence monetary policy decisions and the overall state of the economy.
Watchlist: DXY reaction, Canadian bond yields, commodity market volatility
Related Topics
Related Analysis
Further Reading
- Understanding Inflation — Investopedia
