Inflation Canada 1965

Average inflation: 2.3%

Current Inflation

Inflation is normal at 2.3%, around the ECB target.

Peak and Trough

The highest inflation was in June at 3.0%. The lowest inflation was in January at 1.8%.

Highest month
June: 3.0%
Lowest month
January: 1.8%
Difference
1.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 2.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.6%.

Highest increase
Food and non-alcoholic beverages: 2.6%
Lowest increase
Food and non-alcoholic beverages: 2.6%

Historical Context

Current inflation is 0.7% higher than the 5-year average of 1.6%.

5-year average
1.6%
10-year average
1.8%
All-time high (1948)
14.4%
All-time low (1953)
-1%

Trend

Inflation has remained relatively stable. Compared to 1964, the difference is minimal (+0.4 percentage point).

Change vs. previous year
+0.4 percentage points
Largest monthly swing
November: +1.8 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1965

Inflation by category

Food and non-alcoholic beverages
2.6%
+0.3vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1964
January 1.8% -0.1
February 1.8% -0.1
March 1.8% -0.1
April 1.8% -0.7
May 1.8% -0.7
June 3.0% +0.5
July 2.4% +0.5
August 2.4% +1.2
September 2.4% +0.5
October 2.4% +0.5
November 3.0% +1.8
December 3.0% +1.2
Average 2.3%

Data source

Data from OECD. Last updated: 17/12/2025.

See also