Chart 3: Consumers expect their spending to increase faster than prices https://www.bankofcanada.ca/?p=243705 1-year-ahead spending growth expectations 1-year-ahead inflation expectations 2.802.91 2.632.08 2.512.41 2.202.45 2.182.18 2.192.49 2.092.37 2.083.03 2.542.53 2.442.65 2.202.46 2.082.47 2.022.23 3.442.71 2.892.93 2.932.19 2.542.09 2.642.17 2.572.55 2.542.42 2.232.23 2.492.73 2.751.96 2.222.09 2.142.86 3.112.10 2.883.07 2.803.72 4.884.32 4.535.07 6.824.58 7.114.54 7.184.61 6.014.70 5.094.58 5.034.05 3.624.92 3.864.92 4.093.91 3.843.59 3.353.05