{ "terms": { "url": "https://www.bankofcanada.ca/terms/" }, "groupDetail": { "label": "Chart 8: Businesses’ short-term inflation expectations have increased because of the war in the Middle East", "description": "Quarterly and monthly data\n\nNote: BOS is the Business Outlook Survey; BLP is the Business Leaders’ Pulse. 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. April 2026 BLP data are preliminary, with a last observation date of April 21, 2026.\n\nSources: Bank of Canada and Bank of Canada calculations", "link": "https://www.bankofcanada.ca/?p=252550" }, "seriesDetail": { "MPR_2026M04_IE_BUSINESS_S1": { "label": "BLP, 1-year-ahead", "description": "BLP, 1-year-ahead", "dimension": { "key": "d", "name": "Date" } }, "MPR_2026M04_IE_BUSINESS_S2": { "label": "BLP, 2-year-ahead", "description": "BLP, 2-year-ahead", "dimension": { "key": "d", "name": "Date" } }, "MPR_2026M04_IE_BUSINESS_S3": { "label": "BLP, 5-year-ahead", "description": "BLP, 5-year-ahead", "dimension": { "key": "d", "name": "Date" } }, "MPR_2026M04_IE_BUSINESS_S4": { "label": "BOS, over the next 2 years", "description": "BOS, over the next 2 years", "dimension": { "key": "d", "name": "Date" } } }, "observations": [ { "d": "2021-01-01", "MPR_2026M04_IE_BUSINESS_S4": { "v": "2.3" } }, { "d": "2021-04-01", "MPR_2026M04_IE_BUSINESS_S4": { "v": "2.8" } }, { "d": "2021-07-01", "MPR_2026M04_IE_BUSINESS_S4": { "v": "3.0" } }, { "d": "2021-10-01", "MPR_2026M04_IE_BUSINESS_S4": { "v": "3.7" } }, { "d": "2021-11-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.4" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.3" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2021-12-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.4" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.2" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2022-01-01", "MPR_2026M04_IE_BUSINESS_S4": { "v": "3.8" } }, { "d": "2022-02-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.7" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.4" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.8" } }, { "d": "2022-04-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "5.4" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.6" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "4.8" } }, { "d": "2022-05-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "5.1" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.3" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2022-06-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "5.5" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.4" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" } }, { "d": "2022-07-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "5.6" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.5" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "4.2" } }, { "d": "2022-08-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "5.6" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.4" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2022-09-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "5.0" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.1" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" } }, { "d": "2022-10-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.8" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.0" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "4.0" } }, { "d": "2022-11-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.7" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.1" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.3" } }, { "d": "2022-12-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.7" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.1" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" } }, { "d": "2023-01-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.3" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.4" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "3.9" } }, { "d": "2023-02-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.6" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.2" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.7" } }, { "d": "2023-03-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "4.1" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2023-04-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.8" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "3.5" } }, { "d": "2023-05-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.9" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2023-06-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.8" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.4" } }, { "d": "2023-07-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.5" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "3.3" } }, { "d": "2023-08-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.8" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" } }, { "d": "2023-09-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.4" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" } }, { "d": "2023-10-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.7" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.6" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.4" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "3.2" } }, { "d": "2023-11-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.5" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2023-12-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.4" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" } }, { "d": "2024-01-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.2" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.4" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "3.0" } }, { "d": "2024-02-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.0" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.6" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2024-03-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.1" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.5" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.4" } }, { "d": "2024-04-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.3" }, 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"2024-10-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.4" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.3" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.4" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "2.5" } }, { "d": "2024-11-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.5" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.7" } }, { "d": "2024-12-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.6" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.7" } }, { "d": "2025-01-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.4" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "2.6" } }, { "d": "2025-02-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.3" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.7" } }, { "d": "2025-03-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.6" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" } }, { "d": "2025-04-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.7" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.4" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "2.7" } }, { "d": "2025-05-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.3" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.8" } }, { "d": "2025-06-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2025-07-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.6" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.5" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "2.5" } }, { "d": "2025-08-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.3" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.7" } }, { "d": "2025-09-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" } }, { "d": "2025-10-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.7" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.6" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "2.6" } }, { "d": "2025-11-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.2" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.8" } }, { "d": "2025-12-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.0" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.8" } }, { "d": "2026-01-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S4": { "v": "2.6" } }, { "d": "2026-02-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.0" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.8" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.8" } }, { "d": "2026-03-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.3" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "2.9" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.8" } }, { "d": "2026-04-01", "MPR_2026M04_IE_BUSINESS_S1": { "v": "3.9" }, "MPR_2026M04_IE_BUSINESS_S2": { "v": "3.1" }, "MPR_2026M04_IE_BUSINESS_S3": { "v": "2.8" } } ] }