Chart 12: Businesses’ inflation expectations have fallen, while consumers’ expectations are flat https://www.bankofcanada.ca/?p=246636 BLP, 1-year-ahead BLP, 2-year-ahead BLP, 5-year-ahead BOS, over the next 2 years 2.08 2.27 2.12 2.27 1.88 1.89 1.86 1.89 1.93 1.45 1.90 1.81 2.28 2.78 3.03 3.75 4.403.262.59 4.443.222.65 3.80 4.723.362.84 5.373.642.624.77 5.143.282.56 5.453.362.51 5.583.472.644.19 5.563.392.63 4.953.132.54 4.772.952.454.04 4.663.072.31 4.683.142.49 4.282.862.393.88 4.633.232.73 4.142.892.57 3.792.742.663.54 3.882.952.64 3.822.762.42 3.482.842.653.29 3.832.812.53 3.432.732.50 3.672.632.383.17 3.492.842.60 3.362.652.52 3.192.662.432.98 3.042.612.57 3.072.492.43 3.282.642.473.00 3.282.722.60 2.862.462.47 2.952.452.482.51 2.842.562.58 2.572.382.48 2.442.352.432.50 2.722.462.69 2.842.622.70 2.822.402.552.58 3.302.932.67 3.612.852.54 3.712.852.452.72 3.322.912.78 2.932.652.63