Canada National Economic Confidence Index as of May 23

Statistics Canada announced the Canada National Economic Confidence Index as of May 23 on 2025-05-26. The reported figure stands at 52.1, with the prior figure recorded as 51.4.

Regarding the Canada National Economic Confidence Index as of May 23, Actual value > expected value, positive for the Canadian dollar, The Canadian National Economic Confidence Index is derived from a survey conducted by the Canadian Economic Advisory Council, which measures household consumers' optimism regarding the current economic situation. It is an important indicator for short-term sales forecasts in the consumer goods sector. 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 asked to assess whether the current economic environment is suitable for purchasing high-value 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.

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