Index of Consumer Confidence—March 2022

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Index of Consumer Confidence—March 2022

Business and Household Indicators
8 min read

Author: Momanyi Mokaya  

$335.00

Concerns about future finances were evident this month, with 25.6 per cent of those surveyed sharing a negative outlook for future finances six months from now, a rise of 5.1 percentage points from February. Canadians’ reservations over current finances crept higher this month, with 29.2 per cent (25.3 per cent in February) of those surveyed expressing pessimism about their current financial situation, an increase of 4.0 percentage points from February.

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The monthly Index of consumer confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.

Document Highlights

Concerns about future finances were evident this month, with 25.6 per cent of those surveyed sharing a negative outlook for future finances six months from now, a rise of 5.1 percentage points from February.

Canadians’ reservations over current finances crept higher this month, with 29.2 per cent (25.3 per cent in February) of those surveyed expressing pessimism about their current financial situation, an increase of 4.0 percentage points from February.

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