Inflation Canada 1980
Average inflation: 10.1%
Current Inflation
Inflation is very high at 10.1%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 11.1%. The lowest inflation was in March at 9.2%.
- Highest month
- November: 11.1%
- Lowest month
- March: 9.2%
- Difference
- 1.9 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 11.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 11.1%.
- Highest increase
- Food and non-alcoholic beverages: 11.1%
- Lowest increase
- Food and non-alcoholic beverages: 11.1%
Historical Context
Current inflation is 1.3% higher than the 5-year average of 8.8%. This approaches the highest level since records began (11.0% in 1974).
- 5-year average
- 8.8%
- 10-year average
- 8.1%
- All-time high (1974)
- 11%
- All-time low (1961)
- 1%
Trend
Inflation shows an upward trend. Compared to 1979, inflation has risen by +1.0 percentage point.
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- August: +2.6 percentage points
ECB Target
Inflation is 8.1% 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 €110.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1980
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1979 |
|---|---|---|
| January | 9.7% | +1.2 |
| February | 9.6% | +0.6 |
| March | 9.2% | 0.0 |
| April | 9.2% | -0.6 |
| May | 9.3% | -0.1 |
| June | 10.0% | +1.0 |
| July | 10.0% | +1.6 |
| August | 10.9% | +2.6 |
| September | 10.6% | +0.9 |
| October | 10.7% | +1.7 |
| November | 11.1% | +1.6 |
| December | 11.1% | +1.3 |
| Average | 10.1% |
Data source
Data from OECD. Last updated: 17/12/2025.