Canada Economic Confidence Index Released on October 3: Optimism Rises

Statistics Canada released the national Economic Confidence Index on September 29, 2025. The published value was 50.8; no forecast was provided, and the previous reading was also 50.8.This index measures nationwide economic confidence in Canada, based on surveys conducted by the Conference Board of Canada that assess household consumer optimism regarding current economic conditions. It serves as an important indicator for short-term sales forecasts in the consumer goods sector. The survey covers respondents’ views on current and future economic and financial conditions, short-term employment outlook, and evaluates whether the present environment is favorable for purchasing high-value items such as homes and automobiles.A higher-than-expected index reading typically supports the Canadian dollar. The data is rated as having moderate importance (level 2). The index is compiled using weekly consumer confidence tracking surveys conducted by Canadian research organization Nanos. It is released weekly, with the next publication scheduled for October 14, 2025.

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