Inflation Canada 1943
Average inflation: 2.1%
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Peak and Trough
The highest inflation was in September at 4.5%. The lowest inflation was in March at 0.0%.
- Highest month
- September: 4.5%
- Lowest month
- March: 0.0%
- Difference
- 4.5 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.1% lower than the 5-year average of 3.2%.
- 5-year average
- 3.2%
- 10-year average
- 2.4%
- All-time high (1941)
- 5.9%
- All-time low (1931)
- -9.9%
Trend
Inflation shows a downward trend. Compared to 1942, inflation has fallen by +2.6 percentage point.
- Change vs. previous year
- -2.6 percentage points
- Largest monthly swing
- March: -7.3 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1943
Month overview
| Month | Inflation | Difference vs. 1942 |
|---|---|---|
| January | 1.1% | -5.0 |
| February | 1.1% | -5.0 |
| March | 0.0% | -7.3 |
| April | 2.3% | -5.0 |
| May | 2.3% | -5.0 |
| June | 2.3% | -2.5 |
| July | 2.2% | -2.5 |
| August | 2.2% | -1.3 |
| September | 4.5% | +3.4 |
| October | 3.4% | +1.1 |
| November | 2.2% | -0.1 |
| December | 2.2% | -1.2 |
| Average | 2.1% |
Data source
Data from OECD. Last updated: 20/12/2025.