Economic activity in Canada has slowed down, according to recent reports. The Ivey Purchasing Managers Index, a measure of economic activity, has hit a four-month low in July. This slowdown is attributed to a decline in employment and an increase in prices.

The index indicates that Canadian economic growth has lost some momentum. Further information on this development can be found through Reuters, which reported on the Ivey PMI on August 7. Details on the specifics of the slowdown and its implications are available from the original source.