Expectations Are Moving in the Right Direction: Canadians’ Inflation Expectations—October 2024

Expectations Are Moving in the Right Direction: Canadians’ Inflation Expectations—October 2024

Canadian
3 min read

Author: Walter Bolduc

$595.00

Canadians’ Inflation Expectations provides and analyzes the results of a monthly survey that collects the Canadian public’s outlooks on what inflation will be over the next one and three years.  

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Month-to-month, on average, Canadians’ one-year expectation for inflation eased to 3.2 per cent in September while their three-year expectation remained at 3.6 per cent for the third month in a row.

How will this picture change given that inflation is expected to stabilize in the Bank of Canada’s 2.0 per cent target range by mid-2025? What is driving the decrease in consumer price index inflation? How will an abatement in inflation impact housing costs and wages?

Read the online experience to get our full analysis.

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