<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Demand and competitive pressures are weighing on firms’ price growth</label>
    <description><![CDATA[Balance of opinion* on factors contributing to changes in output price growth over the next 12 months

* Percentage of firms reporting that these factors are increasing growth in output prices minus the percentage reporting that these factors are decreasing growth

Business Outlook Survey]]></description>
    <link>https://www.bankofcanada.ca/?p=236467</link>
</groupDetail>
<seriesDetail>
<series id="BOS_2023Q4_C4_S1">
<label>Balance of opinion</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="BOS_2023Q4_C4_S2">
<label>Historical average</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Demand conditions|2021Q4"><v s="BOS_2023Q4_C4_S1">12</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Demand conditions|2022Q1"><v s="BOS_2023Q4_C4_S1">12</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Demand conditions|2022Q2"><v s="BOS_2023Q4_C4_S1">-1</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Demand conditions|2022Q3"><v s="BOS_2023Q4_C4_S1">2</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Demand conditions|2022Q4"><v s="BOS_2023Q4_C4_S1">-17</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Demand conditions|2023Q1"><v s="BOS_2023Q4_C4_S1">-11</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Demand conditions|2023Q2"><v s="BOS_2023Q4_C4_S1">-18</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Demand conditions|2023Q3"><v s="BOS_2023Q4_C4_S1">-16</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Demand conditions|2023Q4"><v s="BOS_2023Q4_C4_S1">-10</v><v s="BOS_2023Q4_C4_S2">-0.67</v></o>
<o k="Competitive environment|2021Q4"><v s="BOS_2023Q4_C4_S1">-2</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
<o k="Competitive environment|2022Q1"><v s="BOS_2023Q4_C4_S1">-1</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
<o k="Competitive environment|2022Q2"><v s="BOS_2023Q4_C4_S1">-11</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
<o k="Competitive environment|2022Q3"><v s="BOS_2023Q4_C4_S1">-8</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
<o k="Competitive environment|2022Q4"><v s="BOS_2023Q4_C4_S1">-16</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
<o k="Competitive environment|2023Q1"><v s="BOS_2023Q4_C4_S1">-11</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
<o k="Competitive environment|2023Q2"><v s="BOS_2023Q4_C4_S1">-10</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
<o k="Competitive environment|2023Q3"><v s="BOS_2023Q4_C4_S1">-7</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
<o k="Competitive environment|2023Q4"><v s="BOS_2023Q4_C4_S1">-13</v><v s="BOS_2023Q4_C4_S2">-10.96</v></o>
</observations>
</data>