As of the first quarter of 2024, consumers in Canada expected the rate of inflation to be at just over three percent in five years' time. According to the survey results, Canadians expected the country's inflation rate to sit at about five percent one year into the future.
Expectations regarding future inflation trends among consumers in Canada from the fourth quarter of 2014 to the first quarter of 2024
The source explains that the figures are median values. The source asked survey respondents what they expected the rate of inflation (deflation) to be in the future.
* The source adds that before the second quarter of 2018, the survey consisted of 1,000 respondents.
Adapted from Statistics Canada, bankofcanada.ca, Q4 2014 to Q1 2024. This does not constitute an endorsement by Statistics Canada of this product.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bank of Canada. (April 1, 2024). Expectations regarding future inflation trends among consumers in Canada from the fourth quarter of 2014 to the first quarter of 2024 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1360350/inflation-trend-expectations-canada/
Bank of Canada. "Expectations regarding future inflation trends among consumers in Canada from the fourth quarter of 2014 to the first quarter of 2024." Chart. April 1, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1360350/inflation-trend-expectations-canada/
Bank of Canada. (2024). Expectations regarding future inflation trends among consumers in Canada from the fourth quarter of 2014 to the first quarter of 2024. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1360350/inflation-trend-expectations-canada/
Bank of Canada. "Expectations regarding Future Inflation Trends among Consumers in Canada from The Fourth Quarter of 2014 to The First Quarter of 2024." Statista, Statista Inc., 1 Apr 2024, https://www.statista.com/statistics/1360350/inflation-trend-expectations-canada/
Bank of Canada, Expectations regarding future inflation trends among consumers in Canada from the fourth quarter of 2014 to the first quarter of 2024 Statista, https://www.statista.com/statistics/1360350/inflation-trend-expectations-canada/ (last visited November 03, 2024)
Expectations regarding future inflation trends among consumers in Canada from the fourth quarter of 2014 to the first quarter of 2024 [Graph], Bank of Canada, April 1, 2024. [Online]. Available: https://www.statista.com/statistics/1360350/inflation-trend-expectations-canada/
