<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.banqueducanada.ca/conditions-utilisation-avis/"></terms>
<groupDetail>
    <label>Forecasts place outsized weight on the valuation of interest-rate sensitive industries</label>
    <description><![CDATA[Weights placed on price-to-earnings ratios in the factor, demeaned and standarized, by industry, monthly data

Datastream, Statistics Canada and Bank of Canada calculations]]></description>
    <link>https://www.banqueducanada.ca/?p=234115</link>
</groupDetail>
<seriesDetail>
<series id="SAN_ADAM20230718_C1_S1">
<label>Weights</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Real estate"><v s="SAN_ADAM20230718_C1_S1">-1.87</v></o>
<o k="Pharmaceuticals, biotechnology and life sciences"><v s="SAN_ADAM20230718_C1_S1">-1.84</v></o>
<o k="Utilities"><v s="SAN_ADAM20230718_C1_S1">-0.80</v></o>
<o k="Insurance"><v s="SAN_ADAM20230718_C1_S1">-0.70</v></o>
<o k="Consumer services"><v s="SAN_ADAM20230718_C1_S1">-0.61</v></o>
<o k="Telecommunication services"><v s="SAN_ADAM20230718_C1_S1">-0.59</v></o>
<o k="Diversified financials"><v s="SAN_ADAM20230718_C1_S1">-0.58</v></o>
<o k="Food and staples retailing"><v s="SAN_ADAM20230718_C1_S1">-0.57</v></o>
<o k="Food, beverage and tobacco"><v s="SAN_ADAM20230718_C1_S1">-0.56</v></o>
<o k="Technology hardware and equipment"><v s="SAN_ADAM20230718_C1_S1">-0.31</v></o>
<o k="Commercial and professional services"><v s="SAN_ADAM20230718_C1_S1">-0.29</v></o>
<o k="Health care equipment and services"><v s="SAN_ADAM20230718_C1_S1">-0.10</v></o>
<o k="Motor vehicles and components"><v s="SAN_ADAM20230718_C1_S1">0.08</v></o>
<o k="Consumer durables and apparel"><v s="SAN_ADAM20230718_C1_S1">0.37</v></o>
<o k="Banks"><v s="SAN_ADAM20230718_C1_S1">0.55</v></o>
<o k="Retailing"><v s="SAN_ADAM20230718_C1_S1">0.58</v></o>
<o k="Materials"><v s="SAN_ADAM20230718_C1_S1">0.73</v></o>
<o k="Software and services"><v s="SAN_ADAM20230718_C1_S1">0.87</v></o>
<o k="Transportation"><v s="SAN_ADAM20230718_C1_S1">0.93</v></o>
<o k="Energy"><v s="SAN_ADAM20230718_C1_S1">1.14</v></o>
<o k="Media"><v s="SAN_ADAM20230718_C1_S1">1.30</v></o>
<o k="Capital goods"><v s="SAN_ADAM20230718_C1_S1">2.27</v></o>
</observations>
</data>