Inflation Canada 1945

Average inflation: 0.6%

Inflation in 1945

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

Inflation is 2.2 percentage points 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

Over the period 1943-1945, inflation shows a downward trend. Compared to 1944, inflation has fallen by 0.1 percentage points.

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

ECB Target

Inflation is 1.4 percentage points 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 CA$100 this year will cost approximately CA$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