Inflation Canada 1975
Average inflation: 10.7%
Current Inflation
Inflation is very high at 10.7%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 12.0%. The lowest inflation was in December at 9.4%.
- Highest month
- February: 12.0%
- Lowest month
- December: 9.4%
- Difference
- 2.6 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 12.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 12.6%.
- Highest increase
- Food and non-alcoholic beverages: 12.6%
- Lowest increase
- Food and non-alcoholic beverages: 12.6%
Historical Context
Current inflation is 3.3% higher than the 5-year average of 7.4%. This approaches the highest level since records began (11.0% in 1974).
- 5-year average
- 7.4%
- 10-year average
- 5.6%
- All-time high (1974)
- 11%
- All-time low (1961)
- 1%
Trend
Inflation shows an upward trend. Compared to 1974, inflation has risen by -0.3 percentage point.
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- December: -3.3 percentage points
ECB Target
Inflation is 8.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €110.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1975
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1974 |
|---|---|---|
| January | 11.7% | +2.4 |
| February | 12.0% | +2.8 |
| March | 11.1% | +0.6 |
| April | 11.0% | +1.0 |
| May | 10.0% | -1.6 |
| June | 10.3% | -1.2 |
| July | 11.0% | 0.0 |
| August | 10.9% | +0.1 |
| September | 10.4% | -0.8 |
| October | 10.0% | -2.0 |
| November | 10.3% | -1.6 |
| December | 9.4% | -3.3 |
| Average | 10.7% |
Data source
Data from OECD. Last updated: 17/12/2025.