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    06.07.2015 14:41 Canada’s Ivey purchasing managers’ index drops to 55.9 in May

    Canada's seasonally adjusted Ivey purchasing managers' index dropped to 55.9 in May from 62.3 in April. Analysts had expected the index to decrease to 55.0.

    A reading above 50 indicates a rise in the pace of activity, below 50 indicates a contraction in the pace of activity.

    The supplier deliveries index was 48.8 in May, while employment index was 50.7.

    Inventories index was 48.9.

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