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Canada: Business Optimism and Inflation Expectations Soften 

Started by PocketOption, Oct 18, 2022, 06:46 am

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PocketOption

Oct 18, 2022, 06:46 am
Canada: Business Optimism and Inflation Expectations Soften 

The Bank of Canada Business Outlook Survey (BOS) reported a continued drop in Canadian business optimism in the third quarter of 2022. The BOS indicator, a statistical summary of survey results, was 1.69 in 2022Q3, down from 4.87 in 2022Q2. Businesses expect demand to weaken, with the statement noting that “firms' sales outlooks have softened. […]


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