Inflation Canada 1949

Average inflation: 3.5%

Current Inflation

Inflation is high at 3.5%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 8.0%. The lowest inflation was in September at 0.8%.

Highest month
January: 8.0%
Lowest month
September: 0.8%
Difference
7.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.6% lower than the 5-year average of 6.1%.

5-year average
6.1%
10-year average
4.8%
All-time high (1948)
14.4%
All-time low (1931)
-9.9%

Trend

Inflation shows a downward trend. Compared to 1948, inflation has fallen by +10.9 percentage point.

Change vs. previous year
-10.9 percentage points
Largest monthly swing
September: -13.4 percentage points

ECB Target

Inflation is 1.5% 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 €103.50 next year at this inflation rate.

Multi-year trend

Monthly figures 1949

Month overview

Month Inflation Difference vs. 1948
January 8.0% -7.5
February 6.1% -11.4
March 6.1% -10.2
April 5.2% -11.0
May 4.3% -10.6
June 2.5% -13.2
July 2.5% -12.1
August 2.5% -13.0
September 0.8% -13.4
October 1.7% -10.3
November 1.7% -9.3
December 0.8% -8.2
Average 3.5%

Data source

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

See also