Name: Canada Consumer Confidence
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Canada,Consumer Confidence,data,chart,actual,historical,values,calendar,forecast,graph,2023,2024,2025

Consumer Confidence in Canada increased to 48 points in April from 47.89 points in March of 2024. Consumer Confidence in Canada averaged 52.02 points from 2010 until 2024, reaching an all time high of 57.05 points in November of 2018 and a record low of 35.60 points in April of 2020. source: Ipsos

Consumer Confidence in Canada is expected to be 49.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Consumer Confidence is projected to trend around 53.00 points in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Bank Lending Rate	7.20	7.20	percent	Mar 2024
Consumer Confidence	48.00	47.89	points	Apr 2024
Consumer Credit	754596.00	752765.00	CAD Million	Mar 2024
Consumer Spending	1329212.00	1325966.00	CAD Million	Dec 2023
Disposable Personal Income	1634892.00	1614088.00	CAD Million	Dec 2023
Gasoline Prices	1.25	1.29	USD/Liter	May 2024
Households Debt to GDP	102.54	102.85	percent of GDP	Dec 2023
Households Debt to Income	178.22	179.30	percent	Dec 2023
Personal Savings	6.20	6.30	percent	Dec 2023
Retail Sales Ex Autos MoM	-0.60	-0.20	percent	Mar 2024
Retail Sales MoM	-0.20	-0.10	percent	Mar 2024
Retail Sales YoY	1.90	1.00	percent	Mar 2024

Canada Consumer Confidence

In Canada, the Index of Consumer Confidence is calculated from the combination of responses to 11 survey questions. Those questions, current state of the economy in the local area and in the country and its expected state 6 mths ahead; current personal financial situation and the expected situation 6 mths ahead; making a major purchase like a home or car now compared to 6 mths ago; making other household purchases now compared to 6 mths ago; confidence about own and relatives' job security and own ability to invest in the future and save money for retirement now compared to 6 mths ago and losing job as a result of economic conditions in the last 6 months and in the coming 6 mths. Consumer confidence is measured on a scale of 0 to 100, where 0 indicates an extreme lack of confidence, 50 neutrality and 100 extreme confidence. .