Consumer Spending in Canada increased to 1329212 CAD Million in the fourth quarter of 2023 from 1325966 CAD Million in the third quarter of 2023. Consumer Spending in Canada averaged 632461.46 CAD Million from 1961 until 2023, reaching an all time high of 1330082.00 CAD Million in the second quarter of 2023 and a record low of 182407.00 CAD Million in the first quarter of 1961. source: Statistics Canada
Consumer Spending in Canada is expected to be 1340723.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Consumer Spending is projected to trend around 1365287.00 CAD Million in 2025 and 1392593.00 CAD Million in 2026, according to our econometric models.