Canada's Ivey PMI edges up to 58.3 in October as employment gauge rises

Key facts

• The seasonally adjusted Ivey PMI rose to 58.3 in October from 58.2 in September, Reuters reported.
• The employment gauge rose to an adjusted 58.3 from 56.5 in September.
• The adjusted prices index fell to 81.7 from 82.8.
• The unadjusted PMI fell to 56.4 from 61.9.
• A reading above 50 indicates an increase in activity, according to the Ivey PMI definition.

Canadian economic activity expanded at a slightly faster pace in October, with the seasonally adjusted Ivey Purchasing Managers Index rising to 58.3 from 58.2 in September, Reuters reported on November 6, 2026.

The Ivey PMI measures the month-to-month variation in economic activity as indicated by a panel of purchasing managers from across Canada. A reading above 50 indicates an increase in activity.

The gauge of employment rose to an adjusted 58.3 from 56.5 in September. The adjusted prices index was at 81.7, down from 82.8. The unadjusted PMI fell to 56.4 from 61.9.