{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "groupDetail": {
        "label": "Short-term inflation expectations have increased, Quarterly and monthly data",
        "description": "Businesses\n\nNote: CSCE is the Canadian Survey of Consumer Expectations; BOS is the Business Outlook Survey; BLP is the Business Leaders’ Pulse. Consensus Economics’ forecasts for the next year (based on monthly data) and the next two years (based on a combination of monthly and quarterly data releases) are transformed into fixed-horizon forecasts by the weighted average of fixed-date forecasts. 1-year-ahead refers to inflation expectations for the next 12 months. 2-year-ahead refers to inflation expectations for the period 12 to 24 months from now. 5-year-ahead refers to inflation expectations for the period 48 to 60 months from now. This question was not asked in the January or March 2022 BLP.\n\nSource: Consensus Economics, Bank of Canada and Bank of Canada calculations",
        "link": "https://www.bankofcanada.ca/?p=245137"
    },
    "seriesDetail": {
        "MPR_2025M04_INFL_EXP_A_S1": {
            "label": "BOS, over the next 2 years",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        },
        "MPR_2025M04_INFL_EXP_A_S2": {
            "label": "BLP, 1-year-ahead",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        },
        "MPR_2025M04_INFL_EXP_A_S3": {
            "label": "BLP, 2-year-ahead",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        },
        "MPR_2025M04_INFL_EXP_A_S4": {
            "label": "BLP, 5-year-ahead",
            "description": "",
            "dimension": {
                "key": "d",
                "name": "Date"
            }
        }
    },
    "observations": [
        {
            "d": "2018-01-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.08"
            }
        },
        {
            "d": "2018-04-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.27"
            }
        },
        {
            "d": "2018-07-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.12"
            }
        },
        {
            "d": "2018-10-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.27"
            }
        },
        {
            "d": "2019-01-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "1.88"
            }
        },
        {
            "d": "2019-04-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "1.89"
            }
        },
        {
            "d": "2019-07-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "1.86"
            }
        },
        {
            "d": "2019-10-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "1.89"
            }
        },
        {
            "d": "2020-01-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "1.93"
            }
        },
        {
            "d": "2020-04-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "1.45"
            }
        },
        {
            "d": "2020-07-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "1.90"
            }
        },
        {
            "d": "2020-10-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "1.81"
            }
        },
        {
            "d": "2021-01-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.28"
            }
        },
        {
            "d": "2021-04-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.78"
            }
        },
        {
            "d": "2021-07-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "3.03"
            }
        },
        {
            "d": "2021-10-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "3.75"
            }
        },
        {
            "d": "2021-11-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.40"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.26"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.59"
            }
        },
        {
            "d": "2021-12-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.44"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.22"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.65"
            }
        },
        {
            "d": "2022-01-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "3.80"
            }
        },
        {
            "d": "2022-02-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.72"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.36"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.84"
            }
        },
        {
            "d": "2022-04-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "4.77"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "5.37"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.64"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.62"
            }
        },
        {
            "d": "2022-05-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "5.14"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.28"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.56"
            }
        },
        {
            "d": "2022-06-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "5.45"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.36"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.51"
            }
        },
        {
            "d": "2022-07-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "4.19"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "5.58"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.47"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.64"
            }
        },
        {
            "d": "2022-08-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "5.56"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.39"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.63"
            }
        },
        {
            "d": "2022-09-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.95"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.13"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.54"
            }
        },
        {
            "d": "2022-10-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "4.04"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.77"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.95"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.45"
            }
        },
        {
            "d": "2022-11-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.66"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.07"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.31"
            }
        },
        {
            "d": "2022-12-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.68"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.14"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.49"
            }
        },
        {
            "d": "2023-01-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "3.88"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.28"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.86"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.39"
            }
        },
        {
            "d": "2023-02-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.63"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "3.23"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.73"
            }
        },
        {
            "d": "2023-03-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "4.14"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.89"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.57"
            }
        },
        {
            "d": "2023-04-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "3.54"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.79"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.74"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.66"
            }
        },
        {
            "d": "2023-05-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.88"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.95"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.64"
            }
        },
        {
            "d": "2023-06-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.82"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.76"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.42"
            }
        },
        {
            "d": "2023-07-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "3.29"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.48"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.84"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.65"
            }
        },
        {
            "d": "2023-08-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.83"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.81"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.53"
            }
        },
        {
            "d": "2023-09-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.43"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.73"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.50"
            }
        },
        {
            "d": "2023-10-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "3.17"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.67"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.63"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.38"
            }
        },
        {
            "d": "2023-11-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.49"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.84"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.60"
            }
        },
        {
            "d": "2023-12-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.36"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.65"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.52"
            }
        },
        {
            "d": "2024-01-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.98"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.19"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.66"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.43"
            }
        },
        {
            "d": "2024-02-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.04"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.61"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.57"
            }
        },
        {
            "d": "2024-03-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.07"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.49"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.43"
            }
        },
        {
            "d": "2024-04-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "3.00"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.28"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.64"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.47"
            }
        },
        {
            "d": "2024-05-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.28"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.72"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.60"
            }
        },
        {
            "d": "2024-06-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "2.86"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.46"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.47"
            }
        },
        {
            "d": "2024-07-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.51"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "2.95"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.45"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.48"
            }
        },
        {
            "d": "2024-08-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "2.84"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.56"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.58"
            }
        },
        {
            "d": "2024-09-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "2.57"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.38"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.48"
            }
        },
        {
            "d": "2024-10-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.50"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "2.44"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.35"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.43"
            }
        },
        {
            "d": "2024-11-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "2.72"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.46"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.69"
            }
        },
        {
            "d": "2024-12-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "2.84"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.62"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.70"
            }
        },
        {
            "d": "2025-01-01",
            "MPR_2025M04_INFL_EXP_A_S1": {
                "v": "2.58"
            },
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "2.82"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.40"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.55"
            }
        },
        {
            "d": "2025-02-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.30"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.93"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.67"
            }
        },
        {
            "d": "2025-03-01",
            "MPR_2025M04_INFL_EXP_A_S2": {
                "v": "3.61"
            },
            "MPR_2025M04_INFL_EXP_A_S3": {
                "v": "2.85"
            },
            "MPR_2025M04_INFL_EXP_A_S4": {
                "v": "2.54"
            }
        }
    ]
}