Inflation Canada 1957
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in April at 4.3%. The lowest inflation was in December at 2.1%.
- Highest month
- April: 4.3%
- Lowest month
- December: 2.1%
- Difference
- 2.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.4% higher than the 5-year average of 0.9%.
- 5-year average
- 0.9%
- 10-year average
- 3.8%
- All-time high (1948)
- 14.4%
- All-time low (1953)
- -1%
Trend
Inflation shows an upward trend. Compared to 1956, inflation has risen by +2.0 percentage point.
- Change vs. previous year
- +2.0 percentage points
- Largest monthly swing
- April: +4.3 percentage points
ECB Target
Inflation is 1.3% 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 €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1957
Month overview
| Month | Inflation | Difference vs. 1956 |
|---|---|---|
| January | 2.8% | +2.1 |
| February | 3.5% | +3.5 |
| March | 3.5% | +3.5 |
| April | 4.3% | +4.3 |
| May | 4.3% | +4.3 |
| June | 3.5% | +2.1 |
| July | 2.8% | +0.7 |
| August | 2.8% | 0.0 |
| September | 4.2% | +2.8 |
| October | 3.4% | +1.3 |
| November | 2.7% | -0.1 |
| December | 2.1% | -0.7 |
| Average | 3.3% |
Data source
Data from OECD. Last updated: 20/12/2025.