Canada: Ivey Purchasing Managers Index slumps to 56.5 in September from 61.3 in August

The Ivey Purchasing Managers Index (PMI), an economic index which measures the month to month variation in economic activity, fell to 56.5 (not seasonally adjusted) in September from 61.3 in August. The seasonally adjusted version of the data came in at 50.4 to fall short of the analysts' expectation of 62.3. Below are the (not seasonally adjusted) sub-indexes.

• Ivey Employment Index dropped to 55.4 from 62.
• Ivey Inventories Index improved to 54.9 from 53.3.
• Ivey Supplier Deliveries Index rose to 48.1 from 45.5.
• Ivey Prices Index fell to 68.1 from 70.6.