Inflation Canada 1951

Average inflation: 10.5%

Current Inflation

Inflation is very high at 10.5%, far above the ECB target.

Peak and Trough

The highest inflation was in June at 13.0%. The lowest inflation was in January at 7.4%.

Highest month
June: 13.0%
Lowest month
January: 7.4%
Difference
5.6 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.5% higher than the 5-year average of 8.0%.

5-year average
8%
10-year average
5.1%
All-time high (1948)
14.4%
All-time low (1932)
-9.4%

Trend

Inflation shows an upward trend. Compared to 1950, inflation has risen by +7.8 percentage point.

Change vs. previous year
+7.8 percentage points
Largest monthly swing
June: +11.3 percentage points

ECB Target

Inflation is 8.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €110.50 next year at this inflation rate.

Multi-year trend

Monthly figures 1951

Month overview

Month Inflation Difference vs. 1950
January 7.4% +7.4
February 9.0% +8.2
March 8.9% +7.2
April 10.6% +8.9
May 10.6% +8.9
June 13.0% +11.3
July 12.1% +9.6
August 12.0% +9.5
September 11.0% +6.9
October 10.1% +5.2
November 10.9% +6.0
December 10.9% +5.2
Average 10.5%

Data source

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

See also