<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 1-A: Firms’ inflation expectations have increased since the start of the war in the Middle East</label>
    <description><![CDATA[What do you expect the rate of annual inflation to be in about one, two and five years from now?

Note: Firms can select from predetermined ranges, which can be open or closed. We use the midpoints of the closed ranges. We assign a value of -1% to responses in the lowest open-ended range (“deflation”) and 9% to responses in the highest open-ended range (“8% or higher”). Data from the last two weeks of the month were combined due to relatively small weekly sample sizes, resulting in a sample size comparable to each of the first two weeks.

Source: Business Leaders’ Pulse]]></description>
    <link>https://www.bankofcanada.ca/?p=252742</link>
</groupDetail>
<seriesDetail>
<series id="BOS_2026Q1_C1A_S1">
<label>1-year-ahead</label>
<description>1-year-ahead</description>
<dimension key="k" name="Category"/>
</series>
<series id="BOS_2026Q1_C1A_S2">
<label>2-year-ahead</label>
<description>2-year-ahead</description>
<dimension key="k" name="Category"/>
</series>
<series id="BOS_2026Q1_C1A_S3">
<label>5-year-ahead</label>
<description>5-year-ahead</description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="February"><v s="BOS_2026Q1_C1A_S1">3.00</v><v s="BOS_2026Q1_C1A_S2">2.80</v><v s="BOS_2026Q1_C1A_S3">2.80</v></o>
<o k="March 1–7"><v s="BOS_2026Q1_C1A_S1">2.90</v><v s="BOS_2026Q1_C1A_S2">2.70</v><v s="BOS_2026Q1_C1A_S3">2.60</v></o>
<o k="March 8–14"><v s="BOS_2026Q1_C1A_S1">3.50</v><v s="BOS_2026Q1_C1A_S2">2.90</v><v s="BOS_2026Q1_C1A_S3">2.90</v></o>
<o k="March 15–31"><v s="BOS_2026Q1_C1A_S1">3.80</v><v s="BOS_2026Q1_C1A_S2">3.40</v><v s="BOS_2026Q1_C1A_S3">3.00</v></o>
</observations>
</data>