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Volatile Markets Amplify ‘Dour’ Canadian Consumer Sentiment

  • Pessimism about personal finances highest since April 2017
  • Sentiment still above 2018-lows amid signs of stabilization
Shoppers Ahead Of Retail Sales Figures

Photographer: Brent Lewin/Bloomberg

Canadian consumer confidence remained subdued in May as global market turmoil eroded sentiment.

The Bloomberg Nanos Canadian Confidence Index, a composite gauge based on telephone surveys, dipped last month as households reported increasing worries about their personal finances. It was a month rocked by volatility in financial markets.