Inflation Canada 1918
Average inflation: 13.1%
Current Inflation
Inflation is very high at 13.1%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 15.0%. The lowest inflation was in June at 10.0%.
- Highest month
- August: 15.0%
- Lowest month
- June: 10.0%
- Difference
- 5.0 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.5% higher than the 5-year average of 10.6%.
- 5-year average
- 10.6%
- 10-year average
- 10.6%
- All-time high (1917)
- 18%
- All-time low (1915)
- 2.1%
Trend
Inflation shows an upward trend. Compared to 1917, inflation has risen by -4.9 percentage point.
- Change vs. previous year
- -4.9 percentage points
- Largest monthly swing
- May: -11.4 percentage points
ECB Target
Inflation is 11.1% 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 €113.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1918
Month overview
| Month | Inflation | Difference vs. 1917 |
|---|---|---|
| January | 13.5% | -2.1 |
| February | 14.9% | +1.1 |
| March | 13.2% | -3.7 |
| April | 13.2% | -3.7 |
| May | 10.1% | -11.4 |
| June | 10.0% | -11.2 |
| July | 11.3% | -9.9 |
| August | 15.0% | -6.2 |
| September | 15.0% | -2.6 |
| October | 13.4% | -5.4 |
| November | 14.6% | -0.9 |
| December | 13.3% | -2.0 |
| Average | 13.1% |
Data source
Data from OECD. Last updated: 20/12/2025.