Canada's Ivey Purchasing Managers Index Jumps to 57.7 in April, Beating Forecasts

BY MT Newswires | ECONOMIC | 10:17 AM EDT

10:17 AM EDT, 05/06/2026 (MT Newswires) -- Canada's Ivey Purchasing Managers Index (PMI), seasonally adjusted, rose to 57.7 in April, indicating that purchasing activity increased compared to the previous month.

The Ivey PMI was 49.7 in March and 47.9 in April 2025.

Last month's Ivey PMI was much better that the 49.9 consensus expectations provided by MUFG.

The Ivey Price Index climbed to 76.6 in April 2026 from 75.7 the prior month, while it was 70.0 in April 2025.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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