Inflation Canada 1967
Average inflation: 3.6%
Inflation in 1967
Inflation is high at 3.6%, well above the ECB target.
Peak and Trough
The highest inflation was in July at 4.0%. The lowest inflation was in February at 2.9%.
- Highest month
- July: 4.0%
- Lowest month
- February: 2.9%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 1.0 percentage points higher than the 5-year average of 2.6%.
- 5-year average
- 2.6%
- 10-year average
- 2%
- All-time high (1948)
- 14.4%
- All-time low (1953)
- -1%
Trend
Over the period 1965-1967, inflation shows an upward trend. Compared to 1966, inflation has fallen by 0.2 percentage points.
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- March: -1.3 percentage points
ECB Target
Inflation is 1.6 percentage points 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 CA$100 this year will cost approximately CA$103.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1967
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1966 |
|---|---|---|
| January | 3.5% | +0.5 |
| February | 2.9% | -0.7 |
| March | 2.9% | -1.3 |
| April | 2.9% | -1.3 |
| May | 3.4% | -0.8 |
| June | 3.4% | -0.2 |
| July | 4.0% | +0.4 |
| August | 4.0% | -0.1 |
| September | 4.0% | -0.1 |
| October | 4.0% | -0.1 |
| November | 4.0% | +0.5 |
| December | 4.0% | +0.5 |
| Average | 3.6% |
Data source
Data from OECD. Last updated: 17/12/2025.