BRAZIL: FRANCE-Lula & Macron Hold Call Amid EU-Mercosur FTA Delay
Aug-20 14:35
French President Emmanuel Macron has held an hour-long phone call with his Brazilian counterpart Lui...
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MNI: BOC OUTLOOK SURVEY: FUTURE SALES GROWTH BALANCE OF OPINION +6
Jul-21 14:35
- MNI: BOC OUTLOOK SURVEY: FUTURE SALES GROWTH BALANCE OF OPINION +6
- BANK OF CANADA BUSINESS OUTLOOK SURVEY OVERALL INDICATOR -2.42
- BOC: CONSUMERS SEE INFLATION AT 3.82% NOW, 4.04% IN 1 YEAR
BOC SAYS EXPORTERS LESS PESSIMISTIC ABOUT THE HIT FROM TARIFFS
Jul-21 14:30
- BOC SAYS EXPORTERS LESS PESSIMISTIC ABOUT THE HIT FROM TARIFFS
- BOC: PERCENTAGE OF FIRMS SEEING +3% CPI OVER 2Y STEADY AT 23%
- BOC SAYS % OF FIRMS SEEING 2-3% INFLATION UP TO 51% FROM 44%
- CONSUMER VIEW OF CPI IN 1 YEAR LITTLE CHANGED AT 4%
- BOC NEW CONSUMER SENTIMENT INDEX FELL FOR A 2ND QTR ON TARIFFS
- BOC: TWO-THIRDS OF CONSUMERS, 28% OF FIRMS EXPECT RECESSION
BOC: BOC Business Survey: Worst-Case Scenario Less Likely to Happen
Jul-21 14:30
- Firm's outlooks less dire in Q2 with BOC polls showing most executives see the worst-case scenarios as less likely to occur given few companies have been directly impacted by tariffs.
- Business inflation survey showed 23% of executives expected CPI to be above 3% over the next two years, matching last quarter's levels. Those who expected inflation to be between 2% and 3% rose to Q4 2024 levels at 51% from 44% last quarter.
- Recession expectations among businesses declined to 28% in Q2 from 32% last quarter but still above 2024 levels. BOC poll also showed about two-thirds of consumers expect a recession over the next 12 months.
- BOC business survey showed average expected wage increase is back to pre-pandemic levels as weak demand adds downward pressure.
- BOC unveiled new consumer sentiment index, the Canadian Survey of Consumer Expectations (CSCE) Indicator. The index fell for two straight quarters to -1.07 in Q2 2025 from -0.74 in Q1 and -0.36 in Q4 2024.
- Consumer inflation expectations for the coming year were little changed at about 4%.
- Surveys were taken before latest U.S. threat to boost tariffs to 35% on Aug. 1.
