Canada January Ivey PMI 60.1 vs 33.4 prior

  • Low-tier Canadian manufacturing survey
Ivey
  • Prior was 33.4
  • Non-seasonally adjusted 54.7 vs 40.6 prior
  • Full release

This survey is comical with the volatility. You might be tempted to conclude that manufacturing is bouncing back but I wouldn't conclude anything from this report.

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