By Fergal Smith
TORONTO, Nov 6 (Reuters) – Canadian economic activity expanded at a slightly faster pace in October as a measure of employment rose, Ivey Purchasing Managers Index (PMI) data showed on Friday.
• The seasonally adjusted index edged up to 58.3 last month from 58.2 in September.
• 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.
• The gauge of employment rose to an adjusted 58.3 from 56.5 in September.
• The adjusted prices index was at 81.7, down from 82.8.
• The unadjusted PMI fell to 56.4 from 61.9.
(Reporting by Fergal Smith; Editing by Chizu Nomiyama)
