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Female Bakery Stall Holder At Farmers Fresh Food Market

Even before the omicron variant appeared, consumer optimism was being tested by price spikes

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Meanwhile, the BoC's latest quarterly report suggests people will spend some of the savings they've amassed

High debt levels and rising rates may keep consumers on the sidelines

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The lower-than-expected reading should ensure the Fed leaves its interest rate unchanged at next week's meeting

Close-up of payment machine buttons with human hand holding plastic card near by

Prices have increased a substantial 5.4% compared with a year earlier

Woman Selling Soft Drinks At Farmers Market Stall

The index increased in June for the fifth straight month

Close-up of payment machine buttons with human hand holding plastic card near by

Spending is expecting to shift to services from goods through the rest of the year

Young people eating vegan food

Not all pandemic beneficiaries will continue to thrive

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Consumer spending rose 4.2% in March, at its fastest pace in nine months

Portrait Of Male Florist Outside Shop

Economists believe the rising confidence will bolster economic growth