3
Lens:
Current
100index
Base forecast
112index
12M
Range
105–118index
Confidence
74%

Forecast path

Forecast loading…

Driver contribution

Open story →
Interest burdenUpward pressure
31%
Employment momentumUpward pressure
25%
Savings depletionUpward pressure
22%
Mortgage renewalsUpward pressure
18%

Revision history

Forecast revised upward

Base case increased by 18 bps.

Confidence widened

Labour uncertainty increased the range.

Historical accuracy

Directional accuracy
84%
Mean absolute error
0.16 pp

Supporting evidence

Full evidence →
SourceTypeQualityPublished
Bank of CanadaOfficial data962026-07-31
Statistics CanadaOfficial data952026-08-01
Atlas model outputModel output832026-08-04

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