The Ivey Purchasing Managers Index in Canada rose to 53.3 in June 2025, up from 48.9 in May and above market expectations of 49.1, signaling economic expansion for the first time in three months. However, underlying indicators showed mixed signals. The inventories index declined to 50.6 from 54.9, while the price index climbed to 70.2 from 66.9, indicating rising input costs. The employment index fell below the neutral mark to 49.5 from 51.1, suggesting a slight contraction in hiring. Supplier deliveries slowed further, with the index dropping to 44.7 from 47.5.