Index of Consumer Spending

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All Provinces and Territories Post Increases in March

The monthly rise in March can be partially attributed to seasonal trends. Including this year, March has seen month-to-month increases in consumer spending in the last three years. If trends follow a similar path to past years, consumer spending could be expected to continue increasing into April and May.

May 14, 2024   •   3-min read

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6.2 to 104.8

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.

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Economist

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