<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 6: Consumers expecting the war in the Middle East to raise inflation significantly are more likely to adjust spending habits</label>
    <description><![CDATA[Are you making any of the following changes in response to the war in the Middle East? (Share of respondents)

Note: Respondents could select more than one option. 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_C6_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_C6_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="No change"><v s="CSCE_2026Q2_C6_S1">36.32</v><v s="CSCE_2026Q2_C6_S2">19.32</v></o>
<o k="Increasing savings or paying down debt"><v s="CSCE_2026Q2_C6_S1">16.29</v><v s="CSCE_2026Q2_C6_S2">22.21</v></o>
<o k="Holding off on major purchases"><v s="CSCE_2026Q2_C6_S1">19.66</v><v s="CSCE_2026Q2_C6_S2">32.54</v></o>
<o k="Driving less"><v s="CSCE_2026Q2_C6_S1">28.06</v><v s="CSCE_2026Q2_C6_S2">40.06</v></o>
<o k="Cutting back spending on discretionary items"><v s="CSCE_2026Q2_C6_S1">29.26</v><v s="CSCE_2026Q2_C6_S2">42.72</v></o>
<o k="Choosing lower-priced items for essentials"><v s="CSCE_2026Q2_C6_S1">30.83</v><v s="CSCE_2026Q2_C6_S2">46.88</v></o>
</observations>
</data>