Majority of Canadians Still Expect Inflation Above the Bank of Canada’s Target Range: Canadians’ Inflation Expectations—November 2023

Majority of Canadians Still Expect Inflation Above the Bank of Canada’s Target Range: Canadians’ Inflation Expectations—November 2023

Canadian
13 min read

Author: The Conference Board of Canada

$595.00

This online experience looks at Canadians’ one- and three-year inflation expectations—by region, employment status, income, age and housing.

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Despite the ongoing interest rate pressures on the economy, Canadians’ average expectations saw little change in October. What role could labour market expectations have played in keeping expectations high? How might the middle eastern conflict have affected inflation expectations? In which regions of Canada do most residents think inflation will stay higher?

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