Canadian Survey of Consumer Expectations—Survey Data - Bank of Canada

Series	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4
Income growth: Over the next 12 months, by about what percent do you expect your total household income* to increase (decrease)? Spending growth: Over the next 12 months, by about what percent do you expect the total spending of all members of your household to increase (decrease)?
Expected income growth, next 12 months	2.17	2.09	2.14	2.82	2.50
Expected spending growth, next 12 months	4.74	4.87	4.88	4.86	4.91

Series	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4
By about what percent do you expect the average home price in your area to increase (decrease)?
Atlantic	5.70	8.73	7.37	1.94	2.70
Quebec	5.38	6.04	7.09	2.75	2.00
Ontario	8.75	9.00	7.73	0.70	0.64
Manitoba	3.07	6.25	5.39	2.84	1.14
Saskatchewan	4.77	4.41	4.20	2.55	1.74
Alberta	4.73	5.12	5.15	1.81	1.80
British Columbia	5.82	8.93	7.12	1.59	0.10
Canada	5.73	7.12	6.00	1.80	1.45

Series	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4
Inflation expectations for each horizon: What do you expect the rate of inflation (deflation) to be? Perceptions about current inflation: What do you think the rate of inflation (deflation) was over the last 12 months?
1-year-ahead inflation expectations	4.89	5.07	6.82	7.11	7.18
2-year-ahead inflation expectations	4.12	4.62	5.02	5.22	5.14
5-year-ahead inflation expectations	3.50	3.23	4.00	3.44	3.10
Perceptions about current inflation	4.10	5.03	6.06	7.96	7.94

Series	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4
In your view, what would you say is the percent chance that, over the next 12 months (in 12 to 24 months / five years), the rate of inflation or deflation will be between 0% and 2%, 2% and 4% ...? (For example, there is ___ percent chance that the rate of inflation or deflation will be between 0% and 2%, 2% and 4% ...)
Uncertainty, 1-year-ahead inflation expectations	2.29	2.60	2.42	2.57	2.42
Uncertainty, 2-year-ahead inflation expectations	2.11	2.34	2.25	2.38	2.16
Uncertainty, 5-year-ahead inflation expectations	2.01	2.15	1.93	2.17	1.78

Series	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4
Probability of losing job: What do you think is the percent chance that you will lose your job during the next 12 months? Probability of leaving job voluntarily: What do you think is the percent chance that you will leave your job voluntarily during the next 12 months? Probability of finding job: Suppose you were to lose your job. What do you think is the percent chance that within the following 3 months you would find a job that you would accept?
Probability of losing job in the next 12 months (left scale)	13.41	15.17	11.38	14.62	13.93
Probability of leaving job voluntarily in the next 12 months (left scale)	19.30	21.95	20.47	25.48	19.62
Probability of finding job in the next 3 months if lost main job this month (right scale)	49.69	50.22	50.18	50.59	50.35

Series	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4
Wage growth expectations: By about what percent do you expect your earnings* to have increased (decreased) over the next 12 months? Wage growth perceptions: By about what percent do you think your earnings have increased (decreased) over the past 12 months?
1-year-ahead inflation expectations	4.89	5.07	6.82	7.11	7.18
Expected wage growth, next 12 months	2.04	2.17	2.29	2.61	2.48
Perceptions about wage growth, past 12 months	1.89	1.94	2.00	2.05	1.93

Series	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4
At what level do you think interest rates on things such as mortgages, bank loans and savings will be in one year/two years/five years from now?
1 year ahead	3.91	3.97	4.80	5.13	5.93
2 years ahead	4.10	4.90	5.10	5.94	5.99
5 years ahead	5.01	5.76	5.56	5.18	5.39

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