Inflation Canada 1917
Average inflation: 18.0%
Current Inflation
Inflation is very high at 18.0%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 21.5%. The lowest inflation was in February at 13.8%.
- Highest month
- May: 21.5%
- Lowest month
- February: 13.8%
- Difference
- 7.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 8.3% higher than the 5-year average of 9.7%. This approaches the highest level since records began (18.0% in 1917).
- 5-year average
- 9.7%
- 10-year average
- 9.7%
- All-time high (1917)
- 18%
- All-time low (1915)
- 2.1%
Trend
Inflation shows an upward trend. Compared to 1916, inflation has risen by +9.0 percentage point.
- Change vs. previous year
- +9.0 percentage points
- Largest monthly swing
- May: +14.9 percentage points
ECB Target
Inflation is 16.0% 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 €118.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1917
Month overview
| Month | Inflation | Difference vs. 1916 |
|---|---|---|
| January | 15.6% | +10.7 |
| February | 13.8% | +7.2 |
| March | 16.9% | +10.3 |
| April | 16.9% | +10.3 |
| May | 21.5% | +14.9 |
| June | 21.2% | +13.0 |
| July | 21.2% | +13.0 |
| August | 21.2% | +13.0 |
| September | 17.6% | +6.1 |
| October | 18.8% | +5.7 |
| November | 15.5% | +2.8 |
| December | 15.3% | +1.0 |
| Average | 18.0% |
Data source
Data from OECD. Last updated: 20/12/2025.