Inflation Canada 1945

Average inflation: 0.6%

Current Inflation

Inflation is very low at 0.6%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 2.2%. The lowest inflation was in January at -1.1%.

Highest month
December: 2.2%
Lowest month
January: -1.1%
Difference
3.3 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.2% lower than the 5-year average of 2.8%.

5-year average
2.8%
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 1944, inflation has fallen by +0.1 percentage point.

Change vs. previous year
-0.1 percentage points
Largest monthly swing
January: -4.5 percentage points

ECB Target

Inflation is 1.4% 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 €100.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1945

Month overview

Month Inflation Difference vs. 1944
January -1.1% -4.5
February 0.0% -3.4
March 0.0% -3.4
April 0.0% -1.1
May 0.0% -1.1
June 1.1% 0.0
July 1.1% +1.1
August 1.1% +1.1
September 1.1% +2.2
October 1.1% +2.2
November 1.1% +2.2
December 2.2% +4.4
Average 0.6%

Data source

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

See also