Canada's National Economic Confidence Index as of May 9

Statistics Canada announced the Canada's National Economic Confidence Index as of May 9 on 2025-05-12. The reported figure stands at 48.6, with the prior figure recorded as 46.9.

Regarding the Canada's National Economic Confidence Index as of May 9, The published value is greater than the expected value, which is positive for the Canadian dollar, The Canadian National Economic Confidence Index is derived from the Canadian Economic Council's survey of household consumers regarding their optimism about the current economic situation. It is an important indicator for short-term sales forecasts in the consumer goods sector. In the survey, participating household consumers will be asked about their views on the current and future economic and financial conditions, as well as short-term employment prospects. Additionally, respondents will be asked to assess whether the current economic environment is suitable for purchasing high-priced items such as houses and cars.

This data holds an importance level of , calculated using The Canadian research organization Nanos conducts a weekly consumer confidence tracking survey, and updates Every week. The next release is set for 2025-05-20 20:00:00.

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