Canada: the purchasing managers ‘ index for the Manufacturing sector rises to highest level in 6 years

FXStreet — The canadian purchasing managers ‘ index for Manufacturing (PMI) increased by report month of April to once again step up a gear and is now growing as fast as it has been since April 2011, according to the Markit Institute on Monday.

The Index of canadian purchasing managers climbed compared to the previous month by 0.4 points to 55.9 points. Thus, the economic barometer is the fourteenth Time in a row, above the growth threshold of 50 points.

Especially the Order and employment component for the strong increase. The new orders no longer grew as fast as in November 2013.

** FXStreet News Editorial, FXStreet**

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