Canada Consumer Spending  Forecast


Consumer Spending in Canada is expected to be 1079918.39 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Canada to stand at 1103900.06 in 12 months time. In the long-term, the Canada Consumer Spending is projected to trend around 1110000.00 CAD Million in 2020, according to our econometric models.


Canada Consumer Spending
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Canada Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 55 53 52.8 52.8 53.43 53.8
Retail Sales MoM 0.4 0.37 0.37 0.37 0.37 0.3
Retail Sales YoY 7.8 5.91 5.35 5.02 4.83 4.57
Retail Sales Ex Autos 0.2 0.35 0.35 0.35 0.35 0.3
Consumer Spending 1061240 1079918 1088652 1096485 1103900 1110000
Disposable Personal Income 1213848 1170000 1200000 1200000 1248140 1272120
Personal Savings 4.6 4.81 4.83 4.89 4.93 5
Consumer Credit 591781 573000 578000 581000 612842 614000
Private Sector Credit 4055138 4142186 4199215 4250442 4296438 4539958
Bank Lending Rate 3.2 2.7 2.7 2.7 3.71 3.7
Households Debt To Gdp 100 99.17 98.9 98.66 98.44 96.88
Households Debt To Income 170 170 171 171 171 170
Gasoline Prices 0.91 0.78 0.9 0.9 0.89 1.15