Consumers still spend about the same amount per trip, an RBC report says
January's solid spending will likely raise pressure on the Federal Reserve to hike rates further
Data from the bank's customers suggest strong Q4 retail sales
Consumers and sectors are expected to be disproportionately affected
Spending on track to slow in Q3
A strong labour market, excess savings and pent-up demand will shield many households
Nearly half of respondents are reining in spending on travelling, dining out and entertainment
Air is coming out of asset values inflated by pandemic supports
A new survey by the Conference Board of Canada indicates consumer confidence decreased 11.7 points in May
Inflation and the war in Ukraine may curb consumer spending this year