Inflation Canada 1927

Average inflation: -1.5%

Current Inflation

There is deflation with consumer prices declining by 1.5%.

Peak and Trough

The highest inflation was in January at 0.0%. The lowest inflation was in April at -2.2%.

Highest month
January: 0.0%
Lowest month
April: -2.2%
Difference
2.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.2% lower than the 5-year average of -0.3%.

5-year average
-0.3%
10-year average
1.8%
All-time high (1917)
18%
All-time low (1921)
-11.9%

Trend

Inflation shows a downward trend. Compared to 1926, inflation has fallen by +2.2 percentage point.

Change vs. previous year
-2.2 percentage points
Largest monthly swing
May: -4.4 percentage points

ECB Target

Inflation is 3.5% 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 €98.50 next year at this inflation rate.

Multi-year trend

Monthly figures 1927

Month overview

Month Inflation Difference vs. 1926
January 0.0% 0.0
February 0.0% 0.0
March -1.1% -1.1
April -2.2% -3.3
May -2.2% -4.4
June -2.2% -4.4
July -1.1% -3.3
August -2.2% -3.3
September -2.2% -3.3
October -2.2% -2.2
November -1.1% -1.1
December -1.1% 0.0
Average -1.5%

Data source

Data from OECD. Last updated: 20/12/2025.

See also