Statistics Canada announced the Canada's National Economic Confidence Index as of July 11 on 2025-07-14. with the prior figure recorded as 52.1.
Regarding the Canada's National Economic Confidence Index as of July 11, The published value is greater than the expected value, which is favorable for the Canadian dollar, The National Economic Confidence Index of Canada is derived from a survey conducted by the Canadian Economic Advisory Council, which gauges the optimism of household consumers regarding the current economic situation. It is an important indicator for businesses in the consumer goods sector for short-term sales forecasts. 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 required 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. The next release is set for 2025-07-21 20:00:00.
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