Inflation Canada 1991
Average inflation: 5.6%
Inflation in 1991
Inflation is very high at 5.6%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 6.9%. The lowest inflation was in December at 3.8%.
- Highest month
- January: 6.9%
- Lowest month
- December: 3.8%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 0.9 percentage points higher than the 5-year average of 4.7%.
- 5-year average
- 4.7%
- 10-year average
- 5.3%
- All-time high (1981)
- 12.5%
- All-time low (1988)
- 4%
Trend
Over the period 1989-1991, inflation has remained relatively stable. Compared to 1990, inflation has risen by 0.8 percentage points.
- Change vs. previous year
- +0.8 percentage points
- Largest monthly swing
- July: +1.9 percentage points
ECB Target
Inflation is 3.6 percentage points 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 CA$100 this year will cost approximately CA$105.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1991
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1990 |
|---|---|---|
| January | 6.9% | +1.4 |
| February | 6.2% | +0.7 |
| March | 6.2% | +0.9 |
| April | 6.2% | +1.2 |
| May | 6.2% | +1.8 |
| June | 6.3% | +1.9 |
| July | 6.0% | +1.9 |
| August | 6.0% | +1.9 |
| September | 5.5% | +1.3 |
| October | 4.4% | -0.3 |
| November | 4.1% | -1.0 |
| December | 3.8% | -1.2 |
| Average | 5.6% |
Data source
Data from OECD. Last updated: 17/12/2025.