Canada’s Economic Confidence Index for October Released: Optimism Rises

Statistics Canada released the national Economic Confidence Index on October 6, 2025. The reported value is 1,762,174,800; no forecast or prior reference value was provided.This indicator represents the nationwide Economic Confidence Index, compiled by the Conference Board of Canada based on household consumer surveys assessing optimism regarding current economic conditions. It serves as a key short-term sales outlook reference for businesses in the consumer goods sector. The survey covers respondents’ views on current and future economic and financial conditions, as well as short-term employment prospects, and evaluates whether the present environment is favorable for purchasing high-value items such as homes and automobiles.Market impact: A result above expectations is positive for the Canadian dollar. The importance level of this data is rated 2. The index is tracked weekly by Canadian research organization Nanos through consumer confidence surveys. It is published weekly, with the next release scheduled for November 10, 2025.

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