Personal Savings in Canada is expected to be 3.52 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Canada to stand at 3.55 in 12 months time. In the long-term, the Canada Household Saving Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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Canada Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence 57.05 51.9 55.99 56.17 56.09 53.8
Retail Sales MoM -0.1 0.36 0.37 0.37 0.37 0.3
Retail Sales YoY 3.6 4.03 4.22 4.34 4.41 4.51
Retail Sales Ex Autos -0.4 0.38 0.35 0.35 0.35 0.3
Consumer Spending 1083677 1096510 1105759 1111853 1123432 1110000
Disposable Personal Income 1248172 1267401 1276470 1285571 1294633 1375230
Personal Savings 3.4 3.72 3.67 3.55 3.55 5
Consumer Credit 622367 594000 636252 642776 649231 614000
Private Sector Credit 4294167 4339098 4388192 4437693 4487016 4920366
Bank Lending Rate 3.95 3.7 3.95 4.2 4.45 4.7
Households Debt To GDP 99.4 99.3 99.04 99.03 98.9 98.66
Households Debt To Income 171 173 172 172 174 175
Gasoline Prices 0.94 0.93 0.91 0.89 0.88 0.81