The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.
Index of Consumer Confidence: April 2018
Index of Consumer Confidence: April 2018
Business and Household Indicators
$325.00
The Index of Consumer Confidence rose again in April. The rise was led by a jump in positive responses to the current finances question, with more consumers saying their finances have improved over the last six months. However, with inflation rising and higher interest rates leading to higher charges on debt, Canadians have become more pessimistic about their future finances, a trend that is likely to continue over the next year. Provincially, confidence improved the most in Alberta, where the economy is getting a boost from oil prices, which have reached a near two-year high.
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