FX.co ★ Canada's Ivey PMI Signals Return to Growth

In June 2025, the Ivey Purchasing Managers Index in Canada increased to 53.3, up from May's 48.9, and surpassing market expectations of 49.1, a sign of economic growth for the first time in three months. Nonetheless, the details offered a mixed picture. The inventory index decreased to 50.6 from 54.9, while the price index surged to 70.2 from 66.9, reflecting rising input costs. The employment index dipped below the neutral point, settling at 49.5 from 51.1, indicating a slight decline in hiring activities. Additionally, supplier deliveries continued to decelerate, with the index falling to 44.7 from 47.5.