09.07.202515:00:00UTC+00Canada's Consumer Confidence Dips in July as Economic Concerns Loom

The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) revealed a slight dip in Canada's consumer confidence for July 2025. According to the latest data updated on July 9, 2025, the PCSI indicator for Canada slipped from 48.82 in June to 48.07 in July on a month-over-month comparison.

This decline in consumer confidence suggests that Canadians are experiencing increased economic uncertainty as they navigate evolving market conditions and economic challenges. The previous month's indicator, measured in June 2025, showed a steadier level of confidence compared to May. However, July's reduction points toward a growing apprehension among consumers possibly influenced by broader economic issues, inflation concerns, or changes in the global market.

As consumers exercise caution in their financial planning, businesses and policymakers will be closely monitoring these sentiment shifts. The latest PCSI data serves as a crucial barometer indicating the mood and outlook of Canadian consumers as they face the economic realities of mid-2025.