<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 17: Consumption growth is expected to average just above 1% over the projection horizon</label>
    <description><![CDATA[Contribution to consumption growth, annualized, quarterly data

Note: Population is based on Statistics Canada’s quarterly estimate of residents aged 15 and older. Numbers may not sum to their respective totals due to rounding.

Sources: Statistics Canada and Bank of Canada calculations, estimates and projections]]></description>
    <link>https://www.bankofcanada.ca/?p=252550</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2026M04_CONSUMPTION_S1">
<label>Consumption per person</label>
<description>Consumption per person</description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2026M04_CONSUMPTION_S2">
<label>Population</label>
<description>Population</description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2026M04_CONSUMPTION_S3">
<label>Consumption growth</label>
<description>Consumption growth</description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2024-01-01"><v s="MPR_2026M04_CONSUMPTION_S3">1.9</v><v s="MPR_2026M04_CONSUMPTION_S1">-1.5</v><v s="MPR_2026M04_CONSUMPTION_S2">3.4</v></o>
<o d="2024-04-01"><v s="MPR_2026M04_CONSUMPTION_S1">-1.9</v><v s="MPR_2026M04_CONSUMPTION_S2">3.4</v><v s="MPR_2026M04_CONSUMPTION_S3">1.5</v></o>
<o d="2024-07-01"><v s="MPR_2026M04_CONSUMPTION_S2">2.7</v><v s="MPR_2026M04_CONSUMPTION_S1">1.9</v><v s="MPR_2026M04_CONSUMPTION_S3">4.6</v></o>
<o d="2024-10-01"><v s="MPR_2026M04_CONSUMPTION_S1">1.0</v><v s="MPR_2026M04_CONSUMPTION_S2">1.6</v><v s="MPR_2026M04_CONSUMPTION_S3">2.6</v></o>
<o d="2025-01-01"><v s="MPR_2026M04_CONSUMPTION_S1">-0.3</v><v s="MPR_2026M04_CONSUMPTION_S2">1.5</v><v s="MPR_2026M04_CONSUMPTION_S3">1.2</v></o>
<o d="2025-04-01"><v s="MPR_2026M04_CONSUMPTION_S2">0.9</v><v s="MPR_2026M04_CONSUMPTION_S1">3.7</v><v s="MPR_2026M04_CONSUMPTION_S3">4.6</v></o>
<o d="2025-07-01"><v s="MPR_2026M04_CONSUMPTION_S3">-0.8</v><v s="MPR_2026M04_CONSUMPTION_S2">0.3</v><v s="MPR_2026M04_CONSUMPTION_S1">-1.1</v></o>
<o d="2025-10-01"><v s="MPR_2026M04_CONSUMPTION_S1">2.6</v><v s="MPR_2026M04_CONSUMPTION_S2">-0.9</v><v s="MPR_2026M04_CONSUMPTION_S3">1.7</v></o>
<o d="2026-01-01"><v s="MPR_2026M04_CONSUMPTION_S3">2.5</v><v s="MPR_2026M04_CONSUMPTION_S2">-0.6</v><v s="MPR_2026M04_CONSUMPTION_S1">3.0</v></o>
<o d="2026-04-01"><v s="MPR_2026M04_CONSUMPTION_S3">1.4</v><v s="MPR_2026M04_CONSUMPTION_S1">1.1</v><v s="MPR_2026M04_CONSUMPTION_S2">0.3</v></o>
<o d="2026-07-01"><v s="MPR_2026M04_CONSUMPTION_S3">1.2</v><v s="MPR_2026M04_CONSUMPTION_S2">0.3</v><v s="MPR_2026M04_CONSUMPTION_S1">0.9</v></o>
<o d="2026-10-01"><v s="MPR_2026M04_CONSUMPTION_S3">0.8</v><v s="MPR_2026M04_CONSUMPTION_S1">0.5</v><v s="MPR_2026M04_CONSUMPTION_S2">0.3</v></o>
<o d="2027-01-01"><v s="MPR_2026M04_CONSUMPTION_S3">0.7</v><v s="MPR_2026M04_CONSUMPTION_S1">0.3</v><v s="MPR_2026M04_CONSUMPTION_S2">0.3</v></o>
<o d="2027-04-01"><v s="MPR_2026M04_CONSUMPTION_S2">0.6</v><v s="MPR_2026M04_CONSUMPTION_S3">0.5</v><v s="MPR_2026M04_CONSUMPTION_S1">0.0</v></o>
<o d="2027-07-01"><v s="MPR_2026M04_CONSUMPTION_S1">0.1</v><v s="MPR_2026M04_CONSUMPTION_S3">0.6</v><v s="MPR_2026M04_CONSUMPTION_S2">0.6</v></o>
<o d="2027-10-01"><v s="MPR_2026M04_CONSUMPTION_S1">0.2</v><v s="MPR_2026M04_CONSUMPTION_S2">0.6</v><v s="MPR_2026M04_CONSUMPTION_S3">0.8</v></o>
<o d="2028-01-01"><v s="MPR_2026M04_CONSUMPTION_S1">0.5</v><v s="MPR_2026M04_CONSUMPTION_S2">0.6</v><v s="MPR_2026M04_CONSUMPTION_S3">1.1</v></o>
<o d="2028-04-01"><v s="MPR_2026M04_CONSUMPTION_S1">0.9</v><v s="MPR_2026M04_CONSUMPTION_S2">0.4</v><v s="MPR_2026M04_CONSUMPTION_S3">1.3</v></o>
<o d="2028-07-01"><v s="MPR_2026M04_CONSUMPTION_S1">1.2</v><v s="MPR_2026M04_CONSUMPTION_S2">0.4</v><v s="MPR_2026M04_CONSUMPTION_S3">1.6</v></o>
<o d="2028-10-01"><v s="MPR_2026M04_CONSUMPTION_S1">1.3</v><v s="MPR_2026M04_CONSUMPTION_S2">0.4</v><v s="MPR_2026M04_CONSUMPTION_S3">1.7</v></o>
</observations>
</data>