Inflation Canada 1999
Average inflation: 1.7%
Current Inflation
Inflation is low at 1.7%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in September at 2.6%. The lowest inflation was in January at 0.7%.
- Highest month
- September: 2.6%
- Lowest month
- January: 0.7%
- 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 1.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.1%.
- Highest increase
- Food and non-alcoholic beverages: 1.1%
- Lowest increase
- Food and non-alcoholic beverages: 1.1%
Historical Context
Current inflation is around the 5-year average of 1.6%.
- 5-year average
- 1.6%
- 10-year average
- 2.2%
- All-time high (1981)
- 12.5%
- All-time low (1994)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 1998, the difference is minimal (+0.7 percentage point).
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- September: +1.9 percentage points
ECB Target
Inflation is 0.3% 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 €101.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| January | 0.7% | -0.4 |
| February | 0.7% | -0.3 |
| March | 1.0% | 0.0 |
| April | 1.6% | +0.7 |
| May | 1.5% | +0.4 |
| June | 1.6% | +0.6 |
| July | 1.9% | +0.9 |
| August | 2.1% | +1.2 |
| September | 2.6% | +1.9 |
| October | 2.3% | +1.2 |
| November | 2.2% | +1.0 |
| December | 2.6% | +1.6 |
| Average | 1.7% |
Data source
Data from OECD. Last updated: 17/12/2025.