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BOC SURVEYS SEE ELEVATED INFLATION GRINDING DOWN SLOWLY

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BOC SURVEYS SEE ELEVATED INFLATION GRINDING DOWN SLOWLY

FIRMS SEEING +3% CPI IS 64% FROM PRIOR 79%, RECORD 84%

CONSUMER VIEW OF CURRENT CPI 7% VS PRIOR 7.1%, RECORD 8%

CONSUMERS SEE CPI IN 1 YEAR 5.1% VS PRIOR 6%, RECORD 7.2%

CONSUMERS SEE HOME PRICES +4.3% IN NEXT YR VS PRIOR +2.3%

CONSUMERS SEE INTEREST RATES AT 5.2% IN 1 YR VS PRIOR 6%

CONSUMERS AND FIRMS ARE LESS CONCERNED ABOUT A RECESSION

BOC SAYS FIRMS ARE RETURNING TO NORMAL PRICING BEHAVIOR

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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