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Reading: Canada’s Ivey PMI Falls to 56.4 in October
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MacroHerald > Latest News > Economy > Economic Data > Canada’s Ivey PMI Falls to 56.4 in October
Economic Data

Canada’s Ivey PMI Falls to 56.4 in October

Enver Adıgüzel
Last updated: 6 November 2026 15:15
Enver Adıgüzel - Editor and Publisher
7 hours ago
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Canada's Ivey PMI Falls to 56.4 in October
Photo: Mazhar Ulazhar / Pexels
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Canada’s Ivey PMI was released on 06 November 2026 at 15:00 GMT, showing a reported value of 56.4 for the reference period of October 2026. The figure is lower than the previous period’s reading of 61.9.

What the index measures

The Ivey PMI is a survey-based gauge of purchasing managers’ views on business conditions. A reading above 50 generally points to expansion, while a reading below 50 points to contraction, so the latest figure remains comfortably in expansion territory even though it moved lower.

The drop from 61.9 to 56.4 is a decline from the previous period, though the release does not state the size of the change beyond those two values.

Related: Canada Unemployment Rate Rises to 6.7% in October

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TAGGED:business activitycanadacanadian economyeconomic dataivey pmipmi

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ByEnver Adıgüzel
Editor and Publisher
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Enver Adıgüzel is the editor and publisher of MacroHerald. He holds a degree in Economics from the Faculty of Economics and Administrative Sciences at Kırıkkale University and an MBA. He writes on central bank policy, currencies, government bond markets and the economic data that move them.
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