The indicator summarizing business sentiment was at its lowest level in more than a decade, a report on the bank’s business outlook survey released Monday said, except for a brief period early in the COVID-19 pandemic when the economy was shut down.
It said the rising cost of living remains the most pressing concern for consumers and that many expect the impact of higher interest rates on households is far from over.“Those expecting more adverse effects ahead are less likely to plan major purchases,” the consumer report said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business gloom deepens as sales moderate, Bank of Canada survey findsOTTAWA — The Bank of Canada says its business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Business gloom deepens as sales moderate, Bank of Canada survey findsThe Bank of Canada says its business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Business gloom deepens as sales moderate, Bank of Canada survey findsOTTAWA — The Bank of Canada says its business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year.
Source: PGCitizen - 🏆 65. / 51 Read more »
Business gloom deepens as sales moderate, Bank of Canada survey findsOTTAWA — The Bank of Canada says its business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »
Business gloom deepens as sales moderate, Bank of Canada survey findsOTTAWA — The Bank of Canada’s business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year.
Source: SooToday - 🏆 8. / 85 Read more »
Business gloom deepens as sales moderate, Bank of Canada survey findsThe Bank of Canada's business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming year. The indicator summarizing business sentiment was at its lowest level in more than a decade.
Source: CTVNews - 🏆 1. / 99 Read more »