Canada Perceived Current Inflation

## What this measures

What Canadian consumers believe the inflation rate is right now, from the Bank of Canada's quarterly Canadian Survey of Consumer Expectations.

## Why it matters

The gap between perceived and measured inflation shows how prices feel to households, which shapes spending and politics.

## How to read it

Compare with measured inflation (canada.cpi.yoy). Perceptions above the measured rate are common after a price shock.

## What it does not say

It is a quarterly survey of about 2,000 people; answers are medians and can be noisy. It records beliefs, not forecasts the Bank endorses.

## Source

Bank of Canada, Valet API, series CES_C1_PERCEPTIONS ("Perceptions about current inflation"). Palanor pulls it from the Bank's Valet service every weekday. Source: Bank of Canada. Content obtained from the Bank of Canada website; changes are noted where Palanor computes from it.