Free Trial

Some Further Moderation In Business Price Setting Expectations

CANADA
  • Size of price changes over next 12mths: share expecting greater than normal was down to 37.2% vs 43.2% in Q3 as it maintained its trend moderation from the 48% in Q1.
  • Frequency of price changes over next 12mths: broadly similar, with 26.6% expecting greater than normal vs 27.2% in Q3 and 30.2% in Q1.
  • “Some businesses indicated that the size and frequency of their price increases will be greater than normal over the next 12 month […] Nonetheless, firms expect the size of their price changes to continue to moderate over the next 12 months. Fewer businesses than last quarter plan larger-than-normal increases in their output prices. Many firms expect growth in their input prices to diminish. Weaker demand and heightened competition compared with the past 12 months are placing downward pressure on price growth. Yet few firms reported cutting prices, and the number of those that plan to reduce prices remains at the historical average.”

Source: Bank of Canada

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.