Inflation Canada 1992
Average inflation: 1.5%
Current Inflation
Inflation is low at 1.5%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 2.2%. The lowest inflation was in June at 1.1%.
- Highest month
- December: 2.2%
- Lowest month
- June: 1.1%
- Difference
- 1.1 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 -1.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of -1.4%.
- Highest increase
- Food and non-alcoholic beverages: -1.4%
- Lowest increase
- Food and non-alcoholic beverages: -1.4%
Historical Context
Current inflation is 2.7% lower than the 5-year average of 4.2%. This approaches the lowest level since records began (1.5% in 1992).
- 5-year average
- 4.2%
- 10-year average
- 4.4%
- All-time high (1981)
- 12.5%
- All-time low (1992)
- 1.5%
Trend
Inflation shows a downward trend. Compared to 1991, inflation has fallen by +4.1 percentage point.
- Change vs. previous year
- -4.1 percentage points
- Largest monthly swing
- January: -5.3 percentage points
ECB Target
Inflation is 0.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1992
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1991 |
|---|---|---|
| January | 1.6% | -5.3 |
| February | 1.6% | -4.6 |
| March | 1.6% | -4.6 |
| April | 1.7% | -4.5 |
| May | 1.3% | -4.9 |
| June | 1.1% | -5.2 |
| July | 1.2% | -4.8 |
| August | 1.1% | -4.9 |
| September | 1.3% | -4.2 |
| October | 1.6% | -2.8 |
| November | 1.7% | -2.4 |
| December | 2.2% | -1.6 |
| Average | 1.5% |
Data source
Data from OECD. Last updated: 17/12/2025.