Firms’ inflation expectations and price-setting behaviour in Canada : evidence from a business survey / by Ramisha Asghar, James Fudurich and Jane Voll.: FB3-7/2023-3E-PDF

"We investigate whether the recent period of high inflation has changed how Canadian firms set prices for their products and services. Firms note that during periods of low and stable inflation, their input prices and the degree of competition for their output are the two most important factors in setting prices. For example, an increase in prices for inputs often motivates firms to raise their output prices, but the extent to which these increases are passed through to the customer is tempered by competitive pressures in the marketplace and the risk of irritating customers. We look for evidence of whether firms’ high expectations for inflation are now influencing their price-setting decisions"--Introduction, page 1.

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Publication information
Department/Agency Bank of Canada, issuing body.
Title Firms’ inflation expectations and price-setting behaviour in Canada : evidence from a business survey / by Ramisha Asghar, James Fudurich and Jane Voll.
Series title Staff analytical note = Note analytique du personnel, 2369-9639 ; 2023-3
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "Last updated: February 27, 2023."
Includes bibliographical references (page 28).
Publishing information Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2023.
©2023
Author / Contributor Asghar, Ramisha, author.
Description 1 online resource (i, 28 pages) : charts.
Catalogue number
  • FB3-7/2023-3E-PDF
Subject terms Inflation (Finance) -- Canada.
Prices -- Canada.
Inflation -- Canada.
Prix -- Canada.
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