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New data S&P Global Composite PMI (Jan)

2/5/2025

actual 49.5, previous 49

The event is the S&P Global Composite Purchasing Managers' Index (PMI) for Canada in January 2025. The actual PMI value reported is 49.5, which is a slight increase of 0.5 from the previous value of 49. This indicates a small improvement in business conditions in the Canadian economy. The impact of this event is considered low. The PMI is a leading indicator of economic health as it surveys purchasing managers in various sectors, providing insight into the economic performance of the country.

This is not investment advice. Remember to verify the information provided here.

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