Canada's Ivey PMI stronger than expected in August

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Source: Forexpros
The pace of purchasing activity in the Canadian economy slowed in August, but stronger-than-expected, according to Ivey Purchasing Managers Index data released on Friday, September 7. The data showed the seasonally adjusted index dipped to 62.5 in August from 62.8 in the preceding month. Analysts had predicted Canada's Ivey PMI to drop to 58.3.
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Mon, 10 Sep 2012 08:03:42 GMT

China's imports fall and output growth slows

China's imports unexpectedly declined, while industrial production increased the least since 2010, indicating more stimulus might be required following the nation's government announcement of approved road and subway projects. Inbound shipments fell 2.6% in August from the previous year as exports grew 2.7%, the customs bureau reported today.  

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