The Index of Consumer Spending surges in the second quarter of 2024
ICS surged in the second quarter on the back of a long-awaited interest rate cut and strong population and employment growth.
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RCC- Highlights from September 2023 through November 2023
As retailers turn their minds to 2024, almost all retailers were flat-to-up in terms of Year-Over-Year sales, encouraged by the estimated $ 30 billion in spending by the 1.5 million new Canadians as they get settled across Canada.
Household spending slightly improved but is still well below where it was the same time last year
As part of our latest partnership with the Conference Board of Canada we are pleased to present the following authoritative insights from their Index of Consumer Spending (ICS) which has been Powered by Moneris® Data Services.
The Shifting Spend Priorities of Canadian Consumers 2023- RCC input, Retail Conditions (June-September)
Retail Council of Canada (RCC) and Moneris Data Services have teamed up to provide the retail industry with Canadian credit and debit spending data and consumer insights that will help the industry more easily identify consumer behaviour and spending trends at the national and provincial levels.
Consumer Spend Trend: Valentine's Day floral spending up 400% year over year, Moneris finds
Let’s look at some Moneris data to understand the consumer spending trends this Valentine’s Day.
Higher Interest Rates Have Induced a Change in Consumer Spending Behaviour
Higher Interest Rates Have Induced a Change in Consumer Spending Behaviour
Consumer Spend Trend: 2022 FIFA World Cup Finals Was a Win For Bars in Canada
Many fans across Canada either tuned in at home or turned out to celebrate at bars and restaurants. Moneris Data shows that for all of Canada, bar and restaurant spend was up over 10%.
Whatever you make, let's make it together - in‑store, online and on-the-go.
Explore OffersInflation Still a Concern for Households, as Consumer Spending Cools
As part of our latest partnership with the Conference Board of Canada we are pleased to present the following authoritative insights from their Index of Consumer Spending (ICS) which has been Powered by Moneris® Data Services.
The Shifting Spend Priorities of Canadian Consumers
In partnership with Moneris® Data Services, the Angus Reid Group conducted an online survey among a representative sample size of 1,515 adult Canadians to characterize their spend behaviours in response to economic influences.
Consumer Spending Shows Signs of Slowing Down, As Canadians Feel the Pinch of Inflation
As part of our latest partnership with the Conference Board of Canada we are pleased to present the following authoritative insights from their Index of Consumer Spending (ICS) which has been Powered by Moneris® Data Services.
Consumer Spend Trend: Gas Prices and Transit in Canada
Gasoline prices have skyrocketed in the last couple of months and refuse to go down, peaking at over $1.80 per litre in early March. But how did this increase impact consumer spending?