Canadian Survey of Consumer Expectations—Second Quarter of 2023 https://www.bankofcanada.ca/?p=233769 1-year-ahead inflation expectations Inflation expectations for each horizon: What do you expect the rate of inflation (deflation) to be? Perceptions about current inflation: What do you think the rate of inflation (deflation) was over the last 12 months? quarterly 2-year-ahead inflation expectations Inflation expectations for each horizon: What do you expect the rate of inflation (deflation) to be? Perceptions about current inflation: What do you think the rate of inflation (deflation) was over the last 12 months? quarterly 5-year-ahead inflation expectations Inflation expectations for each horizon: What do you expect the rate of inflation (deflation) to be? Perceptions about current inflation: What do you think the rate of inflation (deflation) was over the last 12 months? quarterly Perceptions about current inflation Inflation expectations for each horizon: What do you expect the rate of inflation (deflation) to be? Perceptions about current inflation: What do you think the rate of inflation (deflation) was over the last 12 months? quarterly High government spending quarterly Supply chain issues quarterly 2020Q1 daily 2020Q2 daily 2020Q3 daily 2020Q4 daily 2021Q1 daily 2021Q2 daily 2021Q3 daily 2021Q4 daily 2022Q1 daily 2022Q2 daily 2022Q3 daily 2022Q4 daily 2023Q1 daily 2023Q2 daily Deflation quarterly Inflation between 0% and 5% quarterly Inflation above 5% quarterly Deflation quarterly Inflation between 0% and 5% quarterly Inflation above 5% quarterly Deflation quarterly Inflation between 0% and 5% quarterly Inflation above 5% quarterly Deflation quarterly Inflation between 0% and 5% quarterly Inflation above 5% quarterly Most pressing concern daily Increase a lot daily Increase a little daily Remain the same daily Decrease a little daily Decrease a lot daily Not sure/don't know daily Expecting mortgage payments to increase a lot daily Expecting mortgage payments to increase a little daily Economic growth daily Stable or little change to economic conditions daily Recession daily 2022Q4 daily 2023Q1 daily 2023Q2 daily Atlantic By about what percent do you expect the average home price in your area to increase (decrease)? quarterly Quebec By about what percent do you expect the average home price in your area to increase (decrease)? quarterly Ontario By about what percent do you expect the average home price in your area to increase (decrease)? quarterly Manitoba By about what percent do you expect the average home price in your area to increase (decrease)? quarterly Saskatchewan By about what percent do you expect the average home price in your area to increase (decrease)? quarterly Alberta By about what percent do you expect the average home price in your area to increase (decrease)? quarterly British Columbia By about what percent do you expect the average home price in your area to increase (decrease)? quarterly Canada By about what percent do you expect the average home price in your area to increase (decrease)? quarterly Average daily 2023Q1 daily 2023Q2 daily Immigrants to Canada daily Canadian born, average daily Saving more daily No change daily Saving less daily Not saving daily 2023Q2 daily 2023Q2 daily My workload has decreased daily My workload has stayed the same daily My workload has increased daily Expected wage growth, next 12 months, private sector goods quarterly Expected wage growth, next 12 months, public sector services quarterly Expected wage growth, next 12 months, private sector services quarterly Fixed-rate mortgage holders quarterly Variable-rate mortgage holders quarterly All respondents quarterly 2.913.032.4130.6425.6321.308.166.625.37.465.726.95.762.132.1 2.082.912.0425.9125.7022.1713.063.124.010.762.127.28.560.630.8 2.512.933.722.0329.1027.7320.5710.064.825.17.365.427.35.264.430.48.150.941.0 2.202.753.672.0628.4233.0323.0212.261.326.512.161.826.19.760.330.09.550.540.0 2.182.933.622.0323.4122.0119.1010.564.125.58.863.827.57.063.229.88.850.440.8 2.492.893.172.0827.3624.6921.7211.060.528.59.261.529.37.660.931.510.649.240.2 2.092.853.322.043.755.534.272.561.6211.151.794.8926.9924.5022.529.263.926.98.364.527.15.362.232.58.051.540.5 2.082.763.952.043.125.424.102.100.335.562.554.3828.0731.1725.669.165.625.37.366.626.06.664.928.510.245.844.1 2.542.943.902.032.985.422.730.100.495.162.644.2532.0727.7929.108.267.124.77.064.328.75.563.630.910.545.144.4 2.442.923.832.062.907.172.91-0.092.264.892.584.7027.0422.0624.127.267.125.75.267.127.66.464.129.49.550.640.0 2.202.763.592.053.509.014.302.782.267.143.654.9127.3627.1024.877.968.123.97.966.325.86.864.428.89.149.841.2 2.082.753.962.013.254.312.171.462.768.063.104.2432.6436.2028.088.068.723.35.767.626.76.165.628.49.149.341.6 2.232.833.622.033.294.962.531.403.788.322.924.6929.9937.6926.185.172.422.54.670.624.94.667.627.88.251.240.6 2.713.134.092.434.114.894.221.842.828.572.344.5037.0636.3530.384.171.824.14.268.427.44.761.433.98.845.745.6 2.893.324.262.594.354.574.011.372.475.282.894.322.841.783.3132.8136.2328.865.668.425.95.765.628.86.159.834.18.843.947.3 2.933.013.942.453.934.772.861.382.384.703.154.522.341.952.4734.9431.7526.404.870.524.75.367.627.15.862.232.08.947.343.8 2.542.983.932.274.294.402.860.271.353.402.293.612.301.952.9225.4225.1920.546.768.624.77.667.525.06.063.330.711.047.042.1 2.642.993.972.344.094.742.22-0.171.554.253.473.722.471.892.5531.7123.6024.067.565.926.68.064.827.27.859.532.610.944.844.4 2.572.973.822.104.194.733.130.501.412.482.673.802.371.622.3625.1729.8821.337.068.624.47.066.426.57.361.531.29.548.841.7 2.422.873.912.014.254.572.091.271.742.242.373.952.381.842.1225.7629.7220.559.163.527.59.962.627.49.959.430.711.446.142.5 2.232.913.572.074.405.134.161.300.744.753.604.4525.7224.4320.447.468.823.87.866.925.37.064.128.910.149.140.9 2.492.943.922.104.955.962.641.331.494.273.044.792.981.852.4720.3520.2319.667.463.828.87.563.129.47.258.734.28.945.945.2 2.753.013.252.040.700.990.20-1.37-4.31-0.310.270.031.941.251.8419.8123.1717.8621.453.425.222.245.931.914.749.036.312.746.441.0 2.222.953.552.034.345.134.531.920.614.273.554.672.131.501.8518.4719.9616.6319.453.926.714.254.930.910.854.334.913.045.042.0 2.863.003.122.025.205.693.612.621.284.764.764.982.131.562.3517.8526.9718.4219.353.527.213.153.633.312.254.333.513.547.339.3 2.102.993.732.015.296.274.362.182.505.934.925.322.121.292.6216.458.125.510.760.828.59.455.734.910.247.742.1 3.073.003.112.218.606.965.294.594.826.486.265.732.151.712.0810.958.330.87.156.236.711.154.434.613.548.837.7 3.723.063.093.015.415.624.304.404.326.055.045.302.161.212.308.958.632.57.853.938.311.553.235.313.645.041.4 4.884.103.544.095.388.753.074.774.735.815.545.722.921.922.124.849.545.75.640.154.39.943.247.016.040.943.1 5.074.623.235.036.049.006.254.415.128.938.737.123.461.842.645.235.659.25.930.164.012.637.250.317.939.742.4 18.9137.89 6.825.024.006.067.097.735.394.205.157.127.376.003.091.582.7421.7027.1020.673.321.175.74.820.574.812.330.057.718.634.646.8 22.9241.76 7.115.223.447.962.750.702.842.551.811.591.941.804.021.723.4228.2320.9322.602.614.383.18.514.976.719.422.757.928.128.942.9 20.8834.67 7.185.143.107.942.000.641.141.741.800.102.701.453.921.562.8222.7626.7319.792.112.585.49.114.476.619.522.558.026.432.840.7 21.7929.26 6.014.242.897.112.552.242.232.062.362.223.942.334.221.703.1318.2825.1918.593.714.282.110.920.069.124.027.948.129.131.939.0 21.3430.81 5.093.932.897.024.034.633.333.594.064.564.404.343.431.972.7121.1131.5620.094.215.979.914.625.559.924.731.344.025.038.736.3 22.9722.66 4.929.485.244.865.325.715.537.089.539.485.005.995.515.58 5.157.765.535.285.235.515.446.328.559.146.568.357.456.55 4.364.674.553.764.054.604.985.657.549.256.317.435.745.64 5.414.695.144.965.366.925.469.089.429.599.199.329.179.19 48 13 10 8 3 2 3 2 12 23.0542.1026.683.501.972.71 28.4638.5225.205.070.002.75 13.3439.3927.4212.121.356.38 4941 3636 319 1515 2611 513 17.4914.4915.20 9.046.995.39 2.803.990.14 20.9917.8011.32 14.8727.2157.92 16.4233.1850.39 18.6621.8920.71 11.3417.1813.18 13.3814.1413.15 16.3315.6216.66 3.0468.05 24.7368.05 35.4868.05 35.5568.05 26.7768.05 40.1268.05 47.6168.05 50.9068.05 60.9268.05 62.3368.05 68.9168.05 52.2668.05 67.9468.05 67.6268.05 69.9968.05 75.5068.05 68.9268.05 75.9668.05 68.4268.05 70.5168.05 60.2268.05 71.6568.05 76.9268.05 68.5468.05 65.4668.05 62.2968.05 75.1268.05 72.0168.05 77.3168.05 86.8268.05 81.7368.05 66.8268.05 74.0268.05 85.1868.05 81.7868.05 82.2668.05 77.7568.05 100.0068.05 100.0068.05 78.3368.05 93.4268.05 82.0368.05 87.6068.05 92.5568.05 85.5468.05 83.8168.05 92.5668.05 84.3568.05 85.2968.05 67.7268.05 84.9468.05 87.7368.05 78.3568.05 76.5168.05 70.5068.05 81.4068.05 76.0768.05 43.7868.05 90.8368.05 81.4768.05 100.0068.05 93.4168.05 77.7768.05 88.2968.05 72.1968.05 70.6868.05 92.9068.05 77.0268.05 81.5168.05 70.9868.05 72.1768.05 60.1215.0715.888.92 31.4731.2124.5312.78 31.8834.0819.1414.91 253045 55639 73064 42 49 7 2 11 9 8 14