Inflation Canada 1942
Average inflation: 4.7%
Current Inflation
Inflation is high at 4.7%, well above the ECB target.
Peak and Trough
The highest inflation was in March at 7.3%. The lowest inflation was in September at 1.1%.
- Highest month
- March: 7.3%
- Lowest month
- September: 1.1%
- Difference
- 6.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.8% higher than the 5-year average of 2.9%.
- 5-year average
- 2.9%
- 10-year average
- 1.8%
- All-time high (1941)
- 5.9%
- All-time low (1931)
- -9.9%
Trend
Inflation has remained relatively stable. Compared to 1941, the difference is minimal (-1.2 percentage point).
- Change vs. previous year
- -1.2 percentage points
- Largest monthly swing
- September: -6.3 percentage points
ECB Target
Inflation is 2.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1942
Month overview
| Month | Inflation | Difference vs. 1941 |
|---|---|---|
| January | 6.1% | +1.0 |
| February | 6.1% | +1.0 |
| March | 7.3% | +3.5 |
| April | 7.3% | +3.5 |
| May | 7.3% | +3.5 |
| June | 4.8% | -1.5 |
| July | 4.7% | -1.6 |
| August | 3.5% | -4.0 |
| September | 1.1% | -6.3 |
| October | 2.3% | -5.1 |
| November | 2.3% | -6.3 |
| December | 3.4% | -2.7 |
| Average | 4.7% |
Data source
Data from OECD. Last updated: 20/12/2025.