Inflation Canada 1934
Average inflation: 1.2%
Current Inflation
Inflation is low at 1.2%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in March at 2.8%. The lowest inflation was in January at 0.0%.
- Highest month
- March: 2.8%
- Lowest month
- January: 0.0%
- Difference
- 2.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 5.9% higher than the 5-year average of -4.7%.
- 5-year average
- -4.7%
- 10-year average
- -2.1%
- All-time high (1917)
- 18%
- All-time low (1921)
- -11.9%
Trend
Inflation shows an upward trend. Compared to 1933, inflation has risen by +5.5 percentage point.
- Change vs. previous year
- +5.5 percentage points
- Largest monthly swing
- March: +9.4 percentage points
ECB Target
Inflation is 0.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1934
Month overview
| Month | Inflation | Difference vs. 1933 |
|---|---|---|
| January | 0.0% | +7.7 |
| February | 0.0% | +5.3 |
| March | 2.8% | +9.4 |
| April | 2.8% | +9.4 |
| May | 1.4% | +5.5 |
| June | 1.4% | +5.5 |
| July | 1.4% | +5.5 |
| August | 0.0% | +2.7 |
| September | 0.0% | +2.7 |
| October | 1.4% | +4.1 |
| November | 1.4% | +4.1 |
| December | 1.4% | +4.1 |
| Average | 1.2% |
Data source
Data from OECD. Last updated: 20/12/2025.