Index of Consumer Spending

Index of Consumer Spending for September 2025

Headline consumer price growth accelerated to 2.4 per cent in September, up from 1.9 per cent in August. Contributors to this acceleration include a slower decline in travel tours and stronger growth in grocery prices. The most significant driver for the accelerated growth was a smaller decline in gasoline prices year-over-year (4.1 per cent in September compared to 12.7 per cent in August).

December 4, 2025 • 3-min read

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3.7 to 116.1

The Index of Consumer Spending is The Conference Board of Canada’s latest index and it is powered by exclusive consumer transaction data provided by Moneris Data Services. Moneris is Canada’s number one payment processor with over 3.5 billion transactions spanning more than 325,000 merchant locations. Our index tracks weekly year-on-year changes in consumer spending, enabling us to gauge economic activity levels across the country and provide insights into how the Canadian economy is performing coast to coast.

Updates on this index will be released monthly.

Author

Walter Bolduc

Economist

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