Inflation Canada 1920
Average inflation: 16.3%
Current Inflation
Inflation is very high at 16.3%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 21.6%. The lowest inflation was in December at 9.8%.
- Highest month
- June: 21.6%
- Lowest month
- December: 9.8%
- Difference
- 11.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 3.1% higher than the 5-year average of 13.2%. This approaches the highest level since records began (18.0% in 1917).
- 5-year average
- 13.2%
- 10-year average
- 11.3%
- All-time high (1917)
- 18%
- All-time low (1915)
- 2.1%
Trend
Inflation shows an upward trend. Compared to 1919, inflation has risen by +6.7 percentage point.
- Change vs. previous year
- +6.7 percentage points
- Largest monthly swing
- June: +11.4 percentage points
ECB Target
Inflation is 14.3% 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 €116.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1920
Month overview
| Month | Inflation | Difference vs. 1919 |
|---|---|---|
| January | 11.6% | -1.5 |
| February | 14.9% | +4.3 |
| March | 19.1% | +9.8 |
| April | 20.2% | +10.9 |
| May | 19.6% | +8.1 |
| June | 21.6% | +11.4 |
| July | 20.4% | +10.3 |
| August | 17.0% | +8.3 |
| September | 15.0% | +6.3 |
| October | 15.0% | +7.5 |
| November | 11.9% | +4.5 |
| December | 9.8% | +1.3 |
| Average | 16.3% |
Data source
Data from OECD. Last updated: 20/12/2025.