FX.co ★ Canada Ivey PMI Shows Slower Growth in October

In October 2025, Canada’s Ivey Purchasing Managers Index registered a decline, dropping to 52.4 from September's 59.8, below market expectations of 55.2. Despite the decrease, this marks the sixth consecutive month with a reading above the 50-point mark, signaling an overall expansion in economic activity. The inventories index also saw a decline, falling to 51.7 from 56.4, while supplier deliveries decreased to 45.4 from 47.4. Conversely, the prices index experienced an increase, rising to 64.3 from 63.2, and the employment index improved slightly, moving up to 51.8 from 50.2.