Index of Consumer Spending for September 2025

Name: Index of Consumer Spending for September 2025
SKU: P-01762-P2D2L9
Availability: InStock

Canadian Economics

December 4, 2025

Business and Household Indicators

3 min read

Author: Walter Bolduc

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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 incremental changes in net transaction volume month-over-month from a set starting point (April 2022 = 100), enabling us to gauge economic activity levels across the country and provide insights into how the Canadian economy is performing coast to coast.

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Spending Eases Following Exceptionally Strong Vacation Season

Regional ICS scores fell across the board, with Alberta experiencing the smallest decrease and Prince Edward Island (P.E.I.) experiencing the greatest decrease. P.E.I.’s drop in its ICS coincides with the province entering the tail end of its travel and tourism season. Headline consumer price growth accelerated in September, due to a slower decline in travel tours and a higher increase in grocery prices

Which territory fared the best? How does the end of back-to-school shopping factor into the ICS picture for September? What other factors contributed to the decrease in this month’s ICS scores?

Read the online experience to get our full analysis.