<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Consumers expect their spending growth to outpace their income growth</label>
    <description><![CDATA[Consumers expect their spending growth to outpace their income growth]]></description>
    <link>https://www.bankofcanada.ca/?p=208746</link>
</groupDetail>
<seriesDetail>
<series id="CES_C5_INCOME">
<label>Expected income growth, next 12 months</label>
<description>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)?</description>
<dimension key="d" name="Date"/>
</series>
<series id="CES_C5_SPENDING">
<label>Expected spending growth, next 12 months</label>
<description>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)?</description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2014-10-01"><v s="CES_C5_INCOME">2.13</v><v s="CES_C5_SPENDING">2.80</v></o>
<o d="2015-01-01"><v s="CES_C5_INCOME">2.22</v><v s="CES_C5_SPENDING">2.63</v></o>
<o d="2015-04-01"><v s="CES_C5_SPENDING">2.41</v><v s="CES_C5_INCOME">1.96</v></o>
<o d="2015-07-01"><v s="CES_C5_SPENDING">2.45</v><v s="CES_C5_INCOME">1.92</v></o>
<o d="2015-10-01"><v s="CES_C5_INCOME">1.81</v><v s="CES_C5_SPENDING">2.18</v></o>
<o d="2016-01-01"><v s="CES_C5_INCOME">1.70</v><v s="CES_C5_SPENDING">2.19</v></o>
<o d="2016-04-01"><v s="CES_C5_SPENDING">2.37</v><v s="CES_C5_INCOME">1.99</v></o>
<o d="2016-07-01"><v s="CES_C5_SPENDING">3.03</v><v s="CES_C5_INCOME">2.12</v></o>
<o d="2016-10-01"><v s="CES_C5_SPENDING">2.53</v><v s="CES_C5_INCOME">2.10</v></o>
<o d="2017-01-01"><v s="CES_C5_SPENDING">2.65</v><v s="CES_C5_INCOME">2.03</v></o>
<o d="2017-04-01"><v s="CES_C5_SPENDING">2.46</v><v s="CES_C5_INCOME">2.07</v></o>
<o d="2017-07-01"><v s="CES_C5_SPENDING">2.47</v><v s="CES_C5_INCOME">2.20</v></o>
<o d="2017-10-01"><v s="CES_C5_INCOME">2.22</v><v s="CES_C5_SPENDING">2.02</v></o>
<o d="2018-01-01"><v s="CES_C5_INCOME">2.73</v><v s="CES_C5_SPENDING">3.44</v></o>
<o d="2018-04-01"><v s="CES_C5_SPENDING">2.93</v><v s="CES_C5_INCOME">2.34</v></o>
<o d="2018-07-01"><v s="CES_C5_SPENDING">2.19</v><v s="CES_C5_INCOME">2.06</v></o>
<o d="2018-10-01"><v s="CES_C5_SPENDING">2.09</v><v s="CES_C5_INCOME">1.99</v></o>
<o d="2019-01-01"><v s="CES_C5_SPENDING">2.17</v><v s="CES_C5_INCOME">2.09</v></o>
<o d="2019-04-01"><v s="CES_C5_SPENDING">2.55</v><v s="CES_C5_INCOME">2.00</v></o>
<o d="2019-07-01"><v s="CES_C5_INCOME">2.04</v><v s="CES_C5_SPENDING">2.54</v></o>
<o d="2019-10-01"><v s="CES_C5_INCOME">1.98</v><v s="CES_C5_SPENDING">2.23</v></o>
<o d="2020-01-01"><v s="CES_C5_INCOME">1.99</v><v s="CES_C5_SPENDING">2.73</v></o>
<o d="2020-04-01"><v s="CES_C5_INCOME">1.10</v><v s="CES_C5_SPENDING">1.96</v></o>
<o d="2020-07-01"><v s="CES_C5_SPENDING">2.09</v><v s="CES_C5_INCOME">1.45</v></o>
<o d="2020-10-01"><v s="CES_C5_INCOME">1.86</v><v s="CES_C5_SPENDING">2.14</v></o>
<o d="2021-01-01"><v s="CES_C5_INCOME">1.84</v><v s="CES_C5_SPENDING">3.11</v></o>
<o d="2021-04-01"><v s="CES_C5_SPENDING">2.88</v><v s="CES_C5_INCOME">1.76</v></o>
<o d="2021-07-01"><v s="CES_C5_SPENDING">2.80</v><v s="CES_C5_INCOME">1.99</v></o>
<o d="2021-10-01"><v s="CES_C5_INCOME">2.02</v><v s="CES_C5_SPENDING">4.32</v></o>
</observations>
</data>