Index of Consumer Confidence: December 2022

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Index of Consumer Confidence: December 2022

Canadian Economics Consumer and Business Confidence
Pages:1 pages5 min read

Author: David Ristovski


The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.

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This month, we consider the effects of increased borrowing costs, a potential pause on rate hikes, and pessimism regarding job prospects on Canadian households’ consumer confidence.

With Canadians being confident that inflation is under control, how did households feel about future finances in December? Are any regions feeling more optimistic about job prospects? After seven consecutive months of rate hikes, are Canadians willing to spend big?

Read the online experience to get our full analysis.

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