Index of Consumer Confidence

Updated: January 12, 2022

The Index of Consumer Confidence is based on the Conference Board’s survey of Canadian households. It tracks consumers’ levels of optimism regarding current economic conditions, personal financial positions, short-term employment outlook, and making major purchases—as well as their expectations for the coming six months.

This index is a crucial indicator of near-term sales for companies in the consumer products sector.

7 points
to 101.2

Latest issue: December 2021

Omicron and Inflation Take Their Toll

Survey responses used in assessing consumer confidence were collected over the first two weeks of December, prior to any lockdowns. At the time, the omicron variant was spreading rapidly across Canada and several provinces had postponed reopenings due to the uncertainty surrounding the new variant.

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