Canada Economic Confidence Index for October 3: Slight Decline

Statistics Canada released the national Economic Confidence Index on October 6, 2025. The reported value was 50.5, marginally below both the forecast and previous readings of 50.8.This index gauges household consumer optimism regarding current economic conditions and serves as a key indicator for short-term sales projections in the consumer goods sector. Historically, a reading above expectations is considered positive for the Canadian dollar.The data carries a medium level of importance (level 2) and is compiled using weekly consumer confidence tracking surveys conducted by Canadian research organization Nanos. The index is published weekly, with the next release scheduled for October 14, 2025.

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