Inflation Canada 1960
Average inflation: 1.4%
Current Inflation
Inflation is low at 1.4%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in June at 2.6%. The lowest inflation was in September at 0.0%.
- Highest month
- June: 2.6%
- Lowest month
- September: 0.0%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.5% lower than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 2.3%
- All-time high (1948)
- 14.4%
- All-time low (1953)
- -1%
Trend
Inflation has remained relatively stable. Compared to 1959, the difference is minimal (+0.2 percentage point).
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- June: +2.6 percentage points
ECB Target
Inflation is 0.6% 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 €101.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1960
Month overview
| Month | Inflation | Difference vs. 1959 |
|---|---|---|
| January | 1.3% | -0.7 |
| February | 1.3% | -0.7 |
| March | 1.3% | +0.6 |
| April | 2.0% | +1.3 |
| May | 1.3% | 0.0 |
| June | 2.6% | +2.6 |
| July | 1.3% | 0.0 |
| August | 1.3% | 0.0 |
| September | 0.0% | -1.3 |
| October | 1.3% | 0.0 |
| November | 1.3% | 0.0 |
| December | 1.3% | 0.0 |
| Average | 1.4% |
Data source
Data from OECD. Last updated: 20/12/2025.