After briefly stalling , average inflation expectations have resumed easing in June. From March to May, the one-year average inflation expectation was stagnant at 3.5 per cent. From December 2023 to May 2024, the average three-year inflation expectation remained at 3.7 per cent.
What do Canadian consumers believe are the largest contributors to inflation? What are the one- and three-year inflation expectations by region? Do homeowners and renters think the average rate of inflation will increase or decrease over the next year? How about in three years?
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