Canada's National Economic Confidence Index as of August 1

Statistics Canada announced the Canada's National Economic Confidence Index as of August 1 on 2025-08-04.

Regarding the Canada's National Economic Confidence Index as of August 1, Actual value > Expected value, bullish for the Canadian dollar, The Canadian National Economic Confidence Index is derived from a survey conducted by the Canadian Economic Advisory Council aimed at household consumers regarding their level of optimism about the current economic situation. It is an important indicator for companies' 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 weekly consumer confidence tracking surveys, and updates every week.

This content is AI-generated.Please verify before use.

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