Canada: Purchasing Managers Index (PMI), services

* indicates monthly or quarterly data series
 Canada

Purchasing Managers Index (PMI), services

 Latest value 49.3
 Reference April 2024
 Measure index points
 Data availability September 2023 - April 2024
 Average 46.45
 Min - Max 44.5 - 49.3
 Source Markit Economics
For that indicator, we provide data for Canada from September 2023 to April 2024. The average value for Canada during that period was 46.45 index points with a minimum of 44.5 index points in November 2023 and a maximum of 49.3 index points in April 2024. Click on the following link to see the values of Purchasing Managers Index (PMI), services around the world.
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* indicates monthly or quarterly data series


Recent values chart
Canada - Purchasing Managers Index (PMI), services - recent values
Measure: index points
Source: Markit Economics


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Definition: The services Purchasing Managers Index (PMI) is an indicator of economic health for the services sector. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the services sector is based on questionnaire responses that cover the following economic variables: business activity, new business, backlogs of work, prices charged, input prices, employment, expectations for activity. The services PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.

 Related indicators Latest value Reference Measure
 Industrial production -1.67 9/2023 percent
 Retail sales Y-on-Y 2.57 9/2023 percent
 House price index 224.67 Q3/2023 index point
 Real residential property prices Y-on-Y change -3.59 Q3/2023 percent
 Consumer confidence survey 47.70 9/2023 points
 Purchasing Managers Index (PMI), composite 47.40 9/2023 index points
 Purchasing Managers Index (PMI), manufacturing 47.50 9/2023 index points
 Purchasing Managers Index (PMI), services 47.80 9/2023 index points
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