Canada Ivey index for June 53.3 versus 48.9 final month

• Prior month 48.9
• June Ivey PMI 53.3 seasonally adjusted
• June Ivey PMI not seasonally adjusted 54.6 versus 53.8 last month

The Ivey PMI index can be volatile, but moving back above the 50 level is a positive.

Looking at some of the components:

• Employment 49.5 versus 51.1 last month
• Inventories 50.6 versus 54.9 last month.
• Supplier deliveries 44.7 versus 47.5 last month.
• Price index 70.2 versus 66.9 last month.

This article was written by Greg Michalowski at www.forexlive.com.