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Canada’s Ivey PMI climbed to 56.6 in February 2026, up from 50.9 in January and above market expectations of 51.1, indicating a broadening economic expansion. The Prices Index edged down to 63.4 from 64.8, pointing to easing inflationary pressures. Inventories increased to 57.2 from 50.9, suggesting active restocking. In contrast, the Supplier Deliveries Index declined to 45.2 from 49.2, signaling slower input flows. The Employment Index slipped to 49.4 from 51.1, implying a softening in hiring momentum despite the overall upturn in activity.
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