<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 2: Firms’ outlooks for prices have increased, while those for activity have weakened</label>
    <description><![CDATA[Standardized units

Note: The BOS activity indicator and BOS price indicator are summary measures of results from key questions in the Business Outlook Survey (BOS). Results underlying the activity indicator are from questions about sales, investment spending and number of employees. Results underlying the prices indicator are from questions about wages, input prices, selling prices and inflation expectations.

Source: Business Outlook Survey]]></description>
    <link>https://www.bankofcanada.ca/?p=254713</link>
</groupDetail>
<seriesDetail>
<series id="BOS_2026Q2_C2_S1">
<label>BOS activity indicator</label>
<description>BOS activity indicator</description>
<dimension key="d" name="Date"/>
</series>
<series id="BOS_2026Q2_C2_S2">
<label>BOS price indicator</label>
<description>BOS price indicator</description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2016-01-01"><v s="BOS_2026Q2_C2_S2">-0.87</v></o>
<o d="2016-04-01"><v s="BOS_2026Q2_C2_S2">-1.16</v></o>
<o d="2016-07-01"><v s="BOS_2026Q2_C2_S2">-1.47</v></o>
<o d="2016-10-01"><v s="BOS_2026Q2_C2_S2">-0.47</v></o>
<o d="2017-01-01"><v s="BOS_2026Q2_C2_S1">0.62</v><v s="BOS_2026Q2_C2_S2">-0.69</v></o>
<o d="2017-04-01"><v s="BOS_2026Q2_C2_S1">1.14</v><v s="BOS_2026Q2_C2_S2">-0.77</v></o>
<o d="2017-07-01"><v s="BOS_2026Q2_C2_S2">-0.73</v><v s="BOS_2026Q2_C2_S1">0.43</v></o>
<o d="2017-10-01"><v s="BOS_2026Q2_C2_S2">-0.02</v><v s="BOS_2026Q2_C2_S1">0.35</v></o>
<o d="2018-01-01"><v s="BOS_2026Q2_C2_S2">-0.15</v><v s="BOS_2026Q2_C2_S1">0.43</v></o>
<o d="2018-04-01"><v s="BOS_2026Q2_C2_S2">0.23</v><v s="BOS_2026Q2_C2_S1">0.58</v></o>
<o d="2018-07-01"><v s="BOS_2026Q2_C2_S2">-0.10</v><v s="BOS_2026Q2_C2_S1">0.59</v></o>
<o d="2018-10-01"><v s="BOS_2026Q2_C2_S2">0.45</v><v s="BOS_2026Q2_C2_S1">0.26</v></o>
<o d="2019-01-01"><v s="BOS_2026Q2_C2_S1">-0.03</v><v s="BOS_2026Q2_C2_S2">-0.62</v></o>
<o d="2019-04-01"><v s="BOS_2026Q2_C2_S1">0.05</v><v s="BOS_2026Q2_C2_S2">-0.60</v></o>
<o d="2019-07-01"><v s="BOS_2026Q2_C2_S2">-0.66</v><v s="BOS_2026Q2_C2_S1">0.05</v></o>
<o d="2019-10-01"><v s="BOS_2026Q2_C2_S2">-0.75</v><v s="BOS_2026Q2_C2_S1">-0.01</v></o>
<o d="2020-01-01"><v s="BOS_2026Q2_C2_S2">-1.23</v><v s="BOS_2026Q2_C2_S1">-0.57</v></o>
<o d="2020-04-01"><v s="BOS_2026Q2_C2_S2">-2.54</v><v s="BOS_2026Q2_C2_S1">-3.35</v></o>
<o d="2020-07-01"><v s="BOS_2026Q2_C2_S1">-1.27</v><v s="BOS_2026Q2_C2_S2">-1.17</v></o>
<o d="2020-10-01"><v s="BOS_2026Q2_C2_S1">0.26</v><v s="BOS_2026Q2_C2_S2">-0.67</v></o>
<o d="2021-01-01"><v s="BOS_2026Q2_C2_S2">0.37</v><v s="BOS_2026Q2_C2_S1">0.76</v></o>
<o d="2021-04-01"><v s="BOS_2026Q2_C2_S2">0.53</v><v s="BOS_2026Q2_C2_S1">1.74</v></o>
<o d="2021-07-01"><v s="BOS_2026Q2_C2_S2">1.01</v><v s="BOS_2026Q2_C2_S1">1.59</v></o>
<o d="2021-10-01"><v s="BOS_2026Q2_C2_S2">1.84</v><v s="BOS_2026Q2_C2_S1">2.04</v></o>
<o d="2022-01-01"><v s="BOS_2026Q2_C2_S2">2.35</v><v s="BOS_2026Q2_C2_S1">1.21</v></o>
<o d="2022-04-01"><v s="BOS_2026Q2_C2_S1">1.40</v><v s="BOS_2026Q2_C2_S2">2.85</v></o>
<o d="2022-07-01"><v s="BOS_2026Q2_C2_S1">0.34</v><v s="BOS_2026Q2_C2_S2">1.01</v></o>
<o d="2022-10-01"><v s="BOS_2026Q2_C2_S1">-0.59</v><v s="BOS_2026Q2_C2_S2">0.90</v></o>
<o d="2023-01-01"><v s="BOS_2026Q2_C2_S2">0.98</v><v s="BOS_2026Q2_C2_S1">-0.26</v></o>
<o d="2023-04-01"><v s="BOS_2026Q2_C2_S1">-0.57</v><v s="BOS_2026Q2_C2_S2">0.41</v></o>
<o d="2023-07-01"><v s="BOS_2026Q2_C2_S1">-0.81</v><v s="BOS_2026Q2_C2_S2">0.56</v></o>
<o d="2023-10-01"><v s="BOS_2026Q2_C2_S2">0.17</v><v s="BOS_2026Q2_C2_S1">-0.77</v></o>
<o d="2024-01-01"><v s="BOS_2026Q2_C2_S2">0.22</v><v s="BOS_2026Q2_C2_S1">-0.53</v></o>
<o d="2024-04-01"><v s="BOS_2026Q2_C2_S2">0.25</v><v s="BOS_2026Q2_C2_S1">-0.76</v></o>
<o d="2024-07-01"><v s="BOS_2026Q2_C2_S2">-0.22</v><v s="BOS_2026Q2_C2_S1">-0.53</v></o>
<o d="2024-10-01"><v s="BOS_2026Q2_C2_S2">0.11</v><v s="BOS_2026Q2_C2_S1">0.06</v></o>
<o d="2025-01-01"><v s="BOS_2026Q2_C2_S2">0.29</v><v s="BOS_2026Q2_C2_S1">-0.93</v></o>
<o d="2025-04-01"><v s="BOS_2026Q2_C2_S1">-1.11</v><v s="BOS_2026Q2_C2_S2">-0.08</v></o>
<o d="2025-07-01"><v s="BOS_2026Q2_C2_S1">-1.05</v><v s="BOS_2026Q2_C2_S2">-0.32</v></o>
<o d="2025-10-01"><v s="BOS_2026Q2_C2_S2">-0.15</v><v s="BOS_2026Q2_C2_S1">-0.78</v></o>
<o d="2026-01-01"><v s="BOS_2026Q2_C2_S2">-0.05</v><v s="BOS_2026Q2_C2_S1">0.13</v></o>
<o d="2026-04-01"><v s="BOS_2026Q2_C2_S1">-0.11</v><v s="BOS_2026Q2_C2_S2">0.96</v></o>
</observations>
</data>