FX.co ★ Canada Ivey PMI Eases in January but Beats Forecasts

Canada's Ivey Purchasing Managers Index edged down to 50.9 in January 2026 from 51.9 in December. Despite this decrease, the figure exceeded market expectations of 49.7, suggesting ongoing moderate growth. The Employment Index declined to 51.1 from 52.9. Conversely, the Supplier Deliveries Index increased to 49.2 from 47.7, and the Inventories Index rose to 50.9 from 45.8. Additionally, the Prices Index advanced to 64.8 from 63.2, highlighting enduring cost pressures.