Inflation Canada 1922
Average inflation: -7.6%
Current Inflation
There is deflation with consumer prices declining by 7.6%.
Peak and Trough
The highest inflation was in November at -2.1%. The lowest inflation was in January at -14.5%.
- Highest month
- November: -2.1%
- Lowest month
- January: -14.5%
- Difference
- 12.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 11.5% lower than the 5-year average of 3.9%.
- 5-year average
- 3.9%
- 10-year average
- 6.1%
- All-time high (1917)
- 18%
- All-time low (1921)
- -11.9%
Trend
Inflation shows a downward trend. Compared to 1921, inflation has fallen by +4.3 percentage point.
- Change vs. previous year
- +4.3 percentage points
- Largest monthly swing
- January: -18.3 percentage points
ECB Target
Inflation is 9.6% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €92.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1922
Month overview
| Month | Inflation | Difference vs. 1921 |
|---|---|---|
| January | -14.5% | -18.3 |
| February | -13.9% | -13.9 |
| March | -12.4% | -6.1 |
| April | -9.8% | -0.1 |
| May | -9.0% | +4.8 |
| June | -6.2% | +11.6 |
| July | -6.2% | +11.6 |
| August | -5.2% | +11.9 |
| September | -5.2% | +10.5 |
| October | -5.2% | +10.5 |
| November | -2.1% | +14.7 |
| December | -2.1% | +14.0 |
| Average | -7.6% |
Data source
Data from OECD. Last updated: 20/12/2025.