<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 5: Real spending expectations are lower for households anticipating the war in the Middle East to significantly raise inflation</label>
    <description><![CDATA[Over the next 12 months, what do you expect will happen to the total spending of all members of your household (including you)? Real spending growth expectations by expected impact on inflation due to the war in the Middle East (median growth)

Note: Among all respondents, 27% expect the war will make inflation significantly higher and 56% expect inflation will be somewhat higher or unchanged due to the war. The remaining 16% report the war will make inflation lower or don't know what the impact will be. Individual shares may not add up to 100 due to rounding.]]></description>
    <link>https://www.bankofcanada.ca/?p=254697</link>
</groupDetail>
<seriesDetail>
<series id="CSCE_2026Q2_C5_S1">
<label>Inflation will be somewhat higher, unchanged, lower or not sure</label>
<description>Inflation will be somewhat higher, unchanged, lower or not sure</description>
<dimension key="k" name="Category"/>
</series>
<series id="CSCE_2026Q2_C5_S2">
<label>Inflation will be significantly higher</label>
<description>Inflation will be significantly higher</description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="All consumers"><v s="CSCE_2026Q2_C5_S1">-0.16</v><v s="CSCE_2026Q2_C5_S2">-0.88</v></o>
</observations>
</data>