Inflation Canada 2000

Average inflation: 2.7%

Current Inflation

Inflation is normal at 2.7%, around the ECB target.

Peak and Trough

The highest inflation was in November at 3.2%. The lowest inflation was in January at 2.2%.

Highest month
November: 3.2%
Lowest month
January: 2.2%
Difference
1.0 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 1.0% higher than the 5-year average of 1.7%.

5-year average
1.7%
10-year average
2%
All-time high (1981)
12.5%
All-time low (1994)
0.2%

Trend

Inflation shows an upward trend. Compared to 1999, inflation has risen by +1.0 percentage point.

Change vs. previous year
+1.0 percentage points
Largest monthly swing
February: +2.0 percentage points

ECB Target

Inflation is 0.7% 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 €102.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2000

Inflation by category

Food and non-alcoholic beverages
1.1%
-1.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1999
January 2.2% +1.5
February 2.7% +2.0
March 3.0% +2.0
April 2.2% +0.6
May 2.4% +0.9
June 2.8% +1.2
July 2.9% +1.0
August 2.6% +0.5
September 2.7% +0.1
October 2.8% +0.5
November 3.2% +1.0
December 3.2% +0.6
Average 2.7%

Data source

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

See also