"TERMS AND CONDITIONS" "https://www.bankofcanada.ca/terms/" "NAME" "Consumers’ expectations for their wage growth were largely stable" "DESCRIPTION" "Consumers’ expectations for their wage growth were largely stable" "LINK" "https://www.bankofcanada.ca/?p=208746" "SERIES" "id","label","description" "CES_C3_SHORT_TERM_INFLATION","1-year-ahead inflation expectations","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?" "CES_C3_NEXT_12","Expected wage growth, next 12 months","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?" "CES_C3_PAST_12","Perceptions about wage growth, past 12 months","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?" "OBSERVATIONS" "date","CES_C3_SHORT_TERM_INFLATION","CES_C3_NEXT_12","CES_C3_PAST_12" "2014Q4","2.91","2.09","" "2015Q1","2.08","2.05","1.60" "2015Q2","2.51","1.93","1.55" "2015Q3","2.20","1.90","1.45" "2015Q4","2.18","1.91","1.40" "2016Q1","2.49","1.78","1.30" "2016Q2","2.09","1.96","1.63" "2016Q3","2.08","1.99","1.55" "2016Q4","2.54","2.06","1.55" "2017Q1","2.44","2.02","1.65" "2017Q2","2.20","2.01","1.77" "2017Q3","2.08","2.17","2.00" "2017Q4","2.23","1.99","1.59" "2018Q1","2.71","2.45","1.86" "2018Q2","2.89","2.49","1.99" "2018Q3","2.93","2.14","2.01" "2018Q4","2.54","2.08","1.90" "2019Q1","2.64","2.10","2.03" "2019Q2","2.57","2.07","1.92" "2019Q3","2.42","2.08","1.99" "2019Q4","2.23","2.01","1.90" "2020Q1","2.49","2.10","1.95" "2020Q2","2.75","1.92","1.08" "2020Q3","2.22","1.89","1.05" "2020Q4","2.86","1.97","1.06" "2021Q1","2.10","1.94","1.02"