Canada October National Economic Confidence Index: Optimism Rises

Statistics Canada released the National Economic Confidence Index on October 6, 2025. The reported figure was 176, exceeding the forecast of 170 and the previous reading of 165.This indicator measures household consumer optimism regarding current economic conditions and serves as an important metric for short-term sales projections in the consumer goods sector. The data shows the actual value surpassed expectations, which is supportive for the Canadian dollar.The indicator is of moderate significance. The survey methodology is based on weekly consumer confidence tracking conducted by Canadian research organization Nanos. The index is published weekly, with the next release scheduled for November 3, 2025.

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