Inflation Canada 1932

Average inflation: -9.4%

Current Inflation

There is deflation with consumer prices declining by 9.4%.

Peak and Trough

The highest inflation was in October at -7.6%. The lowest inflation was in February at -11.6%.

Highest month
October: -7.6%
Lowest month
February: -11.6%
Difference
4.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 5.7% lower than the 5-year average of -3.7%.

5-year average
-3.7%
10-year average
-2%
All-time high (1917)
18%
All-time low (1921)
-11.9%

Trend

Inflation shows a downward trend. Compared to 1931, inflation has fallen by +0.5 percentage point.

Change vs. previous year
+0.5 percentage points
Largest monthly swing
October: +3.6 percentage points

ECB Target

Inflation is 11.4% 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 €90.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1932

Month overview

Month Inflation Difference vs. 1931
January -10.3% -2.9
February -11.6% -3.1
March -10.6% -2.0
April -9.5% -0.8
May -10.8% -1.0
June -9.8% +1.1
July -8.6% +3.4
August -9.8% +1.1
September -8.6% +0.4
October -7.6% +3.6
November -7.6% +3.6
December -7.6% +2.6
Average -9.4%

Data source

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

See also