OIL: EIA Weekly US Petroleum Summary - week to Apr 26
May-01 14:32
- w/w change week ending Apr 26
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MNI: BOC: 40% OF FIRMS SEE +3% CPI OVER NEXT TWO YEARS
Apr-01 14:30
- BOC: 40% OF FIRMS SEE +3% CPI OVER NEXT TWO YEARS
- SHARE OF FIRMS SEEING +3% CPI IS LOWEST SINCE Q2 2021
- CONSUMER VIEW OF CPI IN 1 YEAR STEADY AT 4.9%: BOC POLL
BOC: BOC Surveys Show Elevated Price Gains But Some Improvement
Apr-01 14:30
- Business inflation expectations see progress at 40% seeing inflation above 3% over the next two years, down from 54% last quarter and the lowest since Q2 2021.
- Consumer inflation expectations for the year ahead is almost unchanged from the last quarter at +4.9%.
- Wage growth expectations are a survey high of +2.8% despite other indicators such as length of job search increasing and probability of job loss stabilizing.
- Businesses expect a slowdown in wage growth, but still plan for +4.1% increases which is elevated compared to the historic average.
- Corporate pricing behavior is normalizing as the Bank says the share of firms expecting high costs have "declined markedly" from the peak in 2022.
MNI: BOC OUTLOOK SURVEY: FUTURE SALES GROWTH BALANCE OF OPINION +1
Apr-01 14:30
- MNI: BOC OUTLOOK SURVEY: FUTURE SALES GROWTH BALANCE OF OPINION +1
- BANK OF CANADA BUSINESS OUTLOOK SURVEY OVERALL INDICATOR -2.42
- BOC: CONSUMERS SEE INFLATION AT 5.25% NOW, 4.92% IN 1 YEAR
