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Inflation's Tightrope: Businesses Hopeful, Consumers Wary

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For the first time since 2021, the share of Canadian firms expecting year-ahead inflation over 3% is less than the percentage expecting 2-3%, reports BMO (chart below). Raise a glass because that's a win.

Chart courtesy of BMO.

But wait, hold the champagne. Joe Canadian's wallet isn't feeling it. According to BoC data, consumers see no inflation progress for the next year.

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