{"id":718116,"date":"2026-06-06T02:45:16","date_gmt":"2026-06-06T02:45:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/718116\/"},"modified":"2026-06-06T02:45:16","modified_gmt":"2026-06-06T02:45:16","slug":"canadian-economic-activity-expanded-in-may-hitting-eight-month-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/718116\/","title":{"rendered":"Canadian economic activity expanded in May, hitting eight-month high"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

An aluminum extrusion is pulled by workers into a clamp at Magna Aluminum Profile in Salaberry de Valleyfield, Que., last year.Evan Buhler\/Reuters<\/p>\n

Canadian economic activity expanded at a faster pace in May and inflation pressures heated up, Ivey Purchasing Managers Index (PMI) data showed on Friday.<\/p>\n

The seasonally adjusted index rose to 58.2 from 57.7 in April, marking the highest level since September.<\/p>\n

The Ivey PMI measures the month-to-month variation in economic activity as indicated by a panel of purchasing managers from across Canada. A reading above 50 indicates an increase in activity.<\/p>\n

The gauge of employment dipped to an adjusted 54.3 from 54.7 in April.<\/p>\n

The adjusted prices index was at 78.0, up from 76.6.<\/p>\n

The unadjusted PMI edged lower to 61.3 from 61.5 in April. <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: An aluminum extrusion is pulled by workers into a clamp at Magna Aluminum…\n","protected":false},"author":2,"featured_media":718117,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[901,888,902,879,877,903,45,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-718116","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-business","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/718116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=718116"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/718116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/718117"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=718116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=718116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=718116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}