Continued strength in the labour market supports another rate hike

Growth momentum remains robust

Insolvencies surged again in May, with proposals above pre-pandemic levels coast-to-coast

Inflation resumes its deceleration

The housing market rebound continues

Households’ debt-service ratio continues to creep higher

Despite some easing, the labour market remains tight

Headline inflation stalls and recent dynamic suggests slower pace of moderation

Rebounding activity and low inventories led to house prices gains in April

Insolvencies surged in March to their highest since the start of the pandemic