Inflation Canada 1955
Average inflation: 0.2%
Current Inflation
Inflation is very low at 0.2%, well below the ECB target.
Peak and Trough
The highest inflation was in March at 0.7%. The lowest inflation was in August at -0.7%.
- Highest month
- March: 0.7%
- Lowest month
- August: -0.7%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.4% lower than the 5-year average of 2.6%.
- 5-year average
- 2.6%
- 10-year average
- 4.6%
- All-time high (1948)
- 14.4%
- All-time low (1953)
- -1%
Trend
Inflation shows an upward trend. Compared to 1954, inflation has risen by -0.4 percentage point.
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- June: -1.4 percentage points
ECB Target
Inflation is 1.8% 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 €100.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1955
Month overview
| Month | Inflation | Difference vs. 1954 |
|---|---|---|
| January | 0.0% | 0.0 |
| February | 0.0% | -0.7 |
| March | 0.7% | 0.0 |
| April | 0.7% | 0.0 |
| May | 0.7% | 0.0 |
| June | 0.0% | -1.4 |
| July | 0.0% | -1.4 |
| August | -0.7% | -1.4 |
| September | 0.0% | -0.7 |
| October | 0.0% | 0.0 |
| November | 0.0% | -0.7 |
| December | 0.7% | +0.7 |
| Average | 0.2% |
Data source
Data from OECD. Last updated: 20/12/2025.