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The Index of Consumer Spending 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.
This month, we discuss the impacts of improving consumer confidence, ongoing concerns over inflation, and what’s influencing people’s financial burdens.
Are Canadians starting to loosen their spending? Besides inflation, what will influence people’s spending decisions in the near term? We share our findings for the week of March 26 to the week of April 23, considering the situation in each province and territory.
Read the online experience to get our full analysis.
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