Inflation Canada 1946
Average inflation: 3.1%
Current Inflation
Inflation is high at 3.1%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 5.4%. The lowest inflation was in February at 1.1%.
- Highest month
- October: 5.4%
- Lowest month
- February: 1.1%
- Difference
- 4.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.9% higher than the 5-year average of 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 2.5%
- All-time high (1941)
- 5.9%
- All-time low (1931)
- -9.9%
Trend
Inflation shows an upward trend. Compared to 1945, inflation has risen by +2.5 percentage point.
- Change vs. previous year
- +2.5 percentage points
- Largest monthly swing
- October: +4.3 percentage points
ECB Target
Inflation is 1.1% 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 €103.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1946
Month overview
| Month | Inflation | Difference vs. 1945 |
|---|---|---|
| January | 2.2% | +3.3 |
| February | 1.1% | +1.1 |
| March | 1.1% | +1.1 |
| April | 1.1% | +1.1 |
| May | 1.1% | +1.1 |
| June | 2.2% | +1.1 |
| July | 3.3% | +2.2 |
| August | 4.3% | +3.2 |
| September | 4.3% | +3.2 |
| October | 5.4% | +4.3 |
| November | 5.4% | +4.3 |
| December | 5.4% | +3.2 |
| Average | 3.1% |
Data source
Data from OECD. Last updated: 20/12/2025.