Inflation Canada 1916
Average inflation: 9.0%
Current Inflation
Inflation is very high at 9.0%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 14.3%. The lowest inflation was in January at 4.9%.
- Highest month
- December: 14.3%
- Lowest month
- January: 4.9%
- Difference
- 9.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 3.5% higher than the 5-year average of 5.5%. This approaches the highest level since records began (9.0% in 1916).
- 5-year average
- 5.5%
- 10-year average
- 5.5%
- All-time high (1916)
- 9%
- All-time low (1915)
- 2.1%
Trend
Inflation shows an upward trend. Compared to 1915, inflation has risen by +6.9 percentage point.
- Change vs. previous year
- +6.9 percentage points
- Largest monthly swing
- October: +13.1 percentage points
ECB Target
Inflation is 7.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €109.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1916
Month overview
| Month | Inflation | Difference vs. 1915 |
|---|---|---|
| January | 4.9% | +3.2 |
| February | 6.6% | +4.9 |
| March | 6.6% | +4.9 |
| April | 6.6% | +4.9 |
| May | 6.6% | +3.2 |
| June | 8.2% | +6.5 |
| July | 8.2% | +4.8 |
| August | 8.2% | +6.5 |
| September | 11.5% | +9.8 |
| October | 13.1% | +13.1 |
| November | 12.7% | +9.4 |
| December | 14.3% | +11.0 |
| Average | 9.0% |
Data source
Data from OECD. Last updated: 20/12/2025.