Canada: PMI jumps up in October

The Ivey Purchasing Managers Index (PMI), which is sponsored by the Richard Ivey School of Business and the Purchasing Management Association of Canada, rose a seasonally-adjusted 10.9 points to 62.8 points in October. The figure, which overshot market expectations of no change, climbed to a position well above the 50-point threshold that indicates expansion in the manufacturing sector.

Read more about Canadian PMI.

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