Inflation Canada 1931
Average inflation: -9.9%
Current Inflation
There is deflation with consumer prices declining by 9.9%.
Peak and Trough
The highest inflation was in January at -7.4%. The lowest inflation was in July at -12.0%.
- Highest month
- January: -7.4%
- Lowest month
- July: -12.0%
- Difference
- 4.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 7.8% lower than the 5-year average of -2.1%.
- 5-year average
- -2.1%
- 10-year average
- -1.8%
- All-time high (1917)
- 18%
- All-time low (1921)
- -11.9%
Trend
Inflation shows a downward trend. Compared to 1930, inflation has fallen by +8.9 percentage point.
- Change vs. previous year
- -8.9 percentage points
- Largest monthly swing
- July: -12.0 percentage points
ECB Target
Inflation is 11.9% 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 €90.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1931
Month overview
| Month | Inflation | Difference vs. 1930 |
|---|---|---|
| January | -7.4% | -9.6 |
| February | -8.5% | -10.7 |
| March | -8.6% | -9.7 |
| April | -8.7% | -9.8 |
| May | -9.8% | -9.8 |
| June | -10.9% | -10.9 |
| July | -12.0% | -12.0 |
| August | -10.9% | -10.9 |
| September | -9.0% | -5.7 |
| October | -11.2% | -6.9 |
| November | -11.2% | -6.9 |
| December | -10.2% | -3.8 |
| Average | -9.9% |
Data source
Data from OECD. Last updated: 20/12/2025.