Inflation Canada 1995

Average inflation: 2.1%

Current Inflation

Inflation is normal at 2.1%, around the ECB target.

Peak and Trough

The highest inflation was in May at 2.9%. The lowest inflation was in January at 0.6%.

Highest month
May: 2.9%
Lowest month
January: 0.6%
Difference
2.3 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 2.7%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.7%.

Highest increase
Food and non-alcoholic beverages: 2.7%
Lowest increase
Food and non-alcoholic beverages: 2.7%

Historical Context

Current inflation is around the 5-year average of 2.3%.

5-year average
2.3%
10-year average
3.4%
All-time high (1981)
12.5%
All-time low (1994)
0.2%

Trend

Inflation has remained relatively stable. Compared to 1994, the difference is minimal (+1.9 percentage point).

Change vs. previous year
+1.9 percentage points
Largest monthly swing
May: +3.1 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1995

Inflation by category

Food and non-alcoholic beverages
2.7%
+0.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1994
January 0.6% -0.7
February 1.9% +1.8
March 2.1% +1.9
April 2.5% +2.3
May 2.9% +3.1
June 2.7% +2.7
July 2.6% +2.5
August 2.2% +2.1
September 2.2% +2.0
October 2.3% +2.5
November 2.1% +2.2
December 1.7% +1.5
Average 2.1%

Data source

Data from OECD. Last updated: 17/12/2025.

See also