BOC Survey: Balance of opinion on indicators of future sales +15 down from +24 in Q1
- Q2 balance of opinion on indicators of future sales is +15, down from +24 in Q1.
- Separate BOC Q2 Business Outlook Survey: Business survey indicator fell to -0.39 from -0.35 in Q1 (revised).
- Bank of Canada Q2 Survey of Business Leaders: Inflation expectations declined after the Iran ceasefire was signed in mid-June.
- Separate BOC Q2 Survey of Consumers: For the next 12 months, 54.6% of Canadians expect a recession, down from 55.7% in Q1.
- BOC Survey: 44% of firms expect inflation to be above 3% for the next two years, up from 11% in Q1.
- BOC Survey: 17% of firms expect Canada to be in a recession over the next year, up from 9% in Q1.
- BOC Consumer Survey: Five-year inflation expectations rose to 3.39% from 3.02% in Q1.
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