Canada Economic Confidence Index Released on September 26: Optimism Rises

Statistics Canada released the national Economic Confidence Index on September 22, 2025. The reported value was 51.3; no forecast was provided, and the previous value was also 51.3.This index measures nationwide economic confidence in Canada, based on surveys conducted by the Conference Board of Canada assessing household consumers' optimism regarding current economic conditions. It serves as a key indicator for short-term sales forecasts in the consumer goods sector. The survey evaluates respondents’ views on current and future economic and financial conditions, as well as short-term employment prospects, and assesses whether the present environment is suitable for purchasing high-value items such as homes and automobiles.A higher-than-expected reading is positive for the Canadian dollar. The data has a medium importance level (2). The index is compiled using weekly consumer confidence tracking surveys conducted by the Canadian research organization Nanos. It is published weekly, with the next release scheduled for October 6, 2025.

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