Canadian Survey of Consumer Expectations—Second Quarter of 2025 https://www.bankofcanada.ca/?p=246797 Labour market index Financial health index Consumer spending index CSCE indicator Probability of losing a job Probability of voluntarily leaving a job Probability of finding a job Labour market index 2025Q1 2025Q2 Expectations for real spending growth Spending cuts in response to inflation expectations Spending cuts in response to interest rate expectations Consumer spending index 2025Q1 2025Q2 Spend less No change Spend more No response 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? 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? 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? 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? Cars Twelve months from now, what do you think will have happened to the price of the following items? Food Twelve months from now, what do you think will have happened to the price of the following items? Gasoline Twelve months from now, what do you think will have happened to the price of the following items? Rent Twelve months from now, what do you think will have happened to the price of the following items? 2025Q1 2025Q2 2.913.032.414.965.224.695.25-0.020.340.350.670.37-0.510.08-0.050.180.400.471.05 2.082.912.049.035.434.894.95-0.060.320.350.610.46-0.55-0.10-0.190.190.430.421.04 2.512.933.722.035.925.514.664.94-0.430.370.350.290.28-0.27-1.30-1.290.190.440.431.06 2.202.753.672.065.065.554.854.99-0.040.300.360.610.32-0.37-0.08-0.130.230.450.391.07 2.182.933.622.034.805.244.674.90-0.300.310.360.370.36-0.50-0.75-0.890.150.500.421.07 2.492.893.172.085.536.464.784.84-0.320.190.210.090.34-0.51-0.78-0.950.170.250.210.63 2.092.853.322.045.595.324.505.20-0.060.410.400.740.35-0.31-0.23-0.190.220.500.481.20 2.082.763.952.045.115.034.485.230.110.430.270.820.46-0.290.160.330.240.220.350.81 2.542.943.902.035.064.914.345.200.100.220.130.450.39-0.270.190.310.180.060.160.40 2.442.923.832.065.184.964.205.060.070.330.220.620.40-0.320.120.210.180.150.320.66 2.202.763.592.055.144.884.545.590.100.350.180.640.40-0.290.200.300.200.110.240.55 2.082.753.962.014.884.914.515.400.120.280.110.510.43-0.300.230.360.190.020.130.33 2.232.833.622.035.174.924.335.240.040.320.300.660.44-0.470.160.120.110.450.340.90 2.713.134.092.435.375.064.445.350.180.140.120.440.40-0.180.320.540.250.030.080.36 2.893.324.262.599.185.214.485.470.160.080.010.250.230.030.240.490.10-0.120.030.02 2.933.013.942.455.324.944.285.350.020.11-0.030.100.05-0.180.190.06-0.03-0.060.02-0.08 2.542.983.932.274.744.794.524.980.110.050.140.30-0.020.150.190.320.160.150.120.43 2.642.993.972.345.405.134.545.420.030.110.000.14-0.02-0.070.180.090.16-0.13-0.030.00 2.572.973.822.109.085.314.695.530.070.110.120.29-0.010.070.140.200.190.070.100.36 2.422.873.912.014.914.864.545.090.060.160.130.35-0.040.070.150.170.200.110.100.40 2.232.913.572.075.004.974.395.340.130.110.070.31-0.050.240.190.390.18-0.040.060.21 2.492.943.922.104.925.154.365.410.160.130.150.440.000.310.160.470.190.120.140.46 2.753.013.252.049.487.764.674.69-0.57-0.34-0.01-0.92-0.71-0.23-0.76-1.70-0.010.08-0.11-0.04 2.222.953.552.035.245.534.555.14-0.23-0.170.13-0.26-0.46-0.18-0.05-0.690.180.190.040.40 2.863.003.122.024.865.283.764.96-0.28-0.150.12-0.31-0.45-0.20-0.19-0.840.150.160.050.36 2.102.993.732.015.325.234.055.36-0.220.030.210.02-0.480.09-0.28-0.660.630.63 3.073.003.112.215.715.514.606.92-0.030.060.100.13-0.180.10-0.01-0.090.250.060.31 3.723.063.093.015.535.444.985.460.060.020.000.08-0.210.320.060.17-0.200.190.00 4.884.103.544.097.086.325.659.080.04-0.05-0.12-0.12-0.330.350.100.12-0.370.03-0.35 5.074.623.235.039.538.557.549.420.07-0.11-0.18-0.22-0.450.490.160.20-0.540.01-0.53 6.825.024.006.069.489.149.259.590.14-0.33-0.40-0.58-0.130.400.160.42-0.88-0.17-0.13-1.19 7.115.223.447.965.006.566.319.190.16-0.42-0.64-0.90-0.410.700.200.49-1.01-0.51-0.41-1.93 7.185.143.107.945.998.357.439.320.06-0.56-0.68-1.18-0.350.350.170.17-0.98-0.49-0.57-2.04 6.014.242.897.115.517.455.749.170.14-0.51-0.40-0.76-0.090.330.190.43-0.39-0.35-0.46-1.19 5.093.932.897.025.586.555.649.190.15-0.35-0.35-0.54-0.040.350.150.45-0.30-0.25-0.48-1.04 5.034.042.756.605.947.147.049.510.14-0.46-0.45-0.77-0.070.370.110.42-0.36-0.42-0.56-1.34 4.923.942.625.905.445.786.479.290.03-0.60-0.58-1.15-0.090.120.060.08-0.36-0.68-0.69-1.73 4.923.763.125.255.065.245.597.940.11-0.34-0.37-0.60-0.080.320.090.33-0.08-0.51-0.51-1.10 4.093.913.205.245.725.715.718.790.01-0.40-0.34-0.73-0.400.390.050.040.15-0.59-0.58-1.02 3.843.053.034.825.195.375.335.980.03-0.27-0.21-0.45-0.140.170.060.090.17-0.33-0.48-0.64 3.052.972.993.894.905.035.215.72-0.03-0.24-0.09-0.36-0.470.310.06-0.100.24-0.24-0.26-0.26 4.093.893.393.945.345.895.955.68-0.16-0.41-0.17-0.74-0.910.380.05-0.490.16-0.30-0.39-0.52 4.043.853.453.824.445.499.445.51-0.15-0.49-0.43-1.07-0.830.320.07-0.44-0.32-0.52-0.45-1.29 60.5046.06 34.2732.38 -0.32-0.92 -0.04-0.18 6.4930.1760.482.87 11.8643.3134.8210.01 63.4625.754.506.29 55.1422.654.5817.63 20.5432.42 13.0911.75 10.4910.44 13.269.38 9.489.33 5.145.25 5.735.07 4.484.13 5.433.56 4.763.49 4.393.24 3.201.93