Fri, 07 Sep 2012 20:09:34 GMT
Canada's Ivey PMI stronger than expected in August
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.