Bank of Canada business outlook survey: Business sentiment sinks | Forexlive ...Middle East

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Bank of Canada business outlook survey: Business sentiment sinks | Forexlive
How would you rate current business conditions? Sentiment fell every month in Q4, from 22% at the start of the quarter to 9% at the end 38% of firms expect a recession in the year ahead vs 33% in Q3 54% of firms expect inflation to remain above 3% for the next two years vs 53% in Q3 75% of firms think wage growth will be back to normal by 2025 Consumer survey inflation expectations for 5 years to 2.62% from 2.75% Future sales 20% vs 14% Indicators of future sales vs a year ago -10% vs 0% prior Firms see slight improvement in labor availability Spike in companies saying that business decreased Wage growth metrics are improving. Inflation expectations from firms. In the consumer surv

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