Month to month in May, on average, Canadians’ expectations for inflation remained unchanged, at 3.5 per cent for the second month in a row over the next year and at 3.7 per cent for the fifth month in a row over the next three years.
What do stagnant expectations mean for inflation efforts by the Bank of Canada? How will higher inflation expectations impact wages over the next year? What are the one- and three-year inflation expectations by region?
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