Inflation Canada 1954
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 June at 1.4%. The lowest inflation was in January at 0.0%.
- Highest month
- June: 1.4%
- Lowest month
- January: 0.0%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.5% lower than the 5-year average of 3.1%.
- 5-year average
- 3.1%
- 10-year average
- 4.6%
- All-time high (1948)
- 14.4%
- All-time low (1953)
- -1%
Trend
Inflation shows a downward trend. Compared to 1953, inflation has fallen by +1.6 percentage point.
- Change vs. previous year
- +1.6 percentage points
- Largest monthly swing
- February: +2.8 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 1954
Month overview
| Month | Inflation | Difference vs. 1953 |
|---|---|---|
| January | 0.0% | +2.1 |
| February | 0.7% | +2.8 |
| March | 0.7% | +2.8 |
| April | 0.7% | +2.8 |
| May | 0.7% | +2.1 |
| June | 1.4% | +2.8 |
| July | 1.4% | +2.8 |
| August | 0.7% | +0.7 |
| September | 0.7% | +0.7 |
| October | 0.0% | -0.7 |
| November | 0.7% | +0.7 |
| December | 0.0% | 0.0 |
| Average | 0.6% |
Data source
Data from OECD. Last updated: 20/12/2025.