Index of Consumer Spending for June 2025

Name: Index of Consumer Spending for June 2025
SKU: P-01524-X5M3X2
Availability: InStock

Canadian Economics

August 18, 2025

Business and Household Indicators

2 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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Summer Activity and Added Jobs Boost Demand

The Index of Consumer Spending (ICS) rose to 123.6 points in June, a 2.3‑point increase from May. This month, we discuss the rising consumer spending across most of the country even though consumer confidence remains weak.

With the ICS continuing its stronger overall performance this month, what developments in the labour market and employment rate are contributing to this positivity? Is there a seasonality to consumer spending habits, and is this on track for this year? How are U.S. tariffs and their consequent impact on the Consumer Price Index playing into the mix? What regions are faring the best in this climate, and to what can this be attributed? We share our findings for the month of June, considering the situation in each province and territory.

Read the online experience to get our full analysis.