Inflation Canada 1987
Average inflation: 4.3%
Current Inflation
Inflation is high at 4.3%, well above the ECB target.
Peak and Trough
The highest inflation was in June at 4.7%. The lowest inflation was in January at 4.0%.
- Highest month
- June: 4.7%
- Lowest month
- January: 4.0%
- Difference
- 0.7 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 4.6%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.6%.
- Highest increase
- Food and non-alcoholic beverages: 4.6%
- Lowest increase
- Food and non-alcoholic beverages: 4.6%
Historical Context
Current inflation is around the 5-year average of 4.5%.
- 5-year average
- 4.5%
- 10-year average
- 7.4%
- All-time high (1981)
- 12.5%
- All-time low (1971)
- 2.7%
Trend
Inflation has remained relatively stable. Compared to 1986, the difference is minimal (+0.1 percentage point).
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- June: +0.9 percentage points
ECB Target
Inflation is 2.3% 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 €100 this year will cost approximately €104.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1987
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1986 |
|---|---|---|
| January | 4.0% | -0.4 |
| February | 4.0% | -0.2 |
| March | 4.0% | -0.3 |
| April | 4.6% | +0.8 |
| May | 4.6% | +0.5 |
| June | 4.7% | +0.9 |
| July | 4.6% | +0.5 |
| August | 4.5% | +0.2 |
| September | 4.5% | +0.4 |
| October | 4.2% | -0.2 |
| November | 4.2% | -0.3 |
| December | 4.2% | 0.0 |
| Average | 4.3% |
Data source
Data from OECD. Last updated: 17/12/2025.