Inflation Canada 1959
Average inflation: 1.2%
Current Inflation
Inflation is low at 1.2%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 2.0%. The lowest inflation was in June at 0.0%.
- Highest month
- January: 2.0%
- Lowest month
- June: 0.0%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 2.4%
- All-time high (1948)
- 14.4%
- All-time low (1953)
- -1%
Trend
Inflation shows a downward trend. Compared to 1958, inflation has fallen by +1.2 percentage point.
- Change vs. previous year
- -1.2 percentage points
- Largest monthly swing
- March: -2.7 percentage points
ECB Target
Inflation is 0.8% 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 €101.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1959
Month overview
| Month | Inflation | Difference vs. 1958 |
|---|---|---|
| January | 2.0% | -0.7 |
| February | 2.0% | -0.7 |
| March | 0.7% | -2.7 |
| April | 0.7% | -2.0 |
| May | 1.3% | -1.4 |
| June | 0.0% | -2.0 |
| July | 1.3% | -0.7 |
| August | 1.3% | 0.0 |
| September | 1.3% | -0.7 |
| October | 1.3% | -0.7 |
| November | 1.3% | -0.7 |
| December | 1.3% | -1.4 |
| Average | 1.2% |
Data source
Data from OECD. Last updated: 20/12/2025.