Inflation Canada 2001
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in May at 3.9%. The lowest inflation was in November at 0.6%.
- Highest month
- May: 3.9%
- Lowest month
- November: 0.6%
- Difference
- 3.3 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 4.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.8%.
- Highest increase
- Food and non-alcoholic beverages: 4.8%
- Lowest increase
- Food and non-alcoholic beverages: 4.8%
Historical Context
Current inflation is 0.6% higher than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 1.7%
- All-time high (1982)
- 10.8%
- All-time low (1994)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2000, the difference is minimal (-0.2 percentage point).
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- November: -2.6 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2001
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2000 |
|---|---|---|
| January | 3.0% | +0.8 |
| February | 2.9% | +0.2 |
| March | 2.4% | -0.6 |
| April | 3.5% | +1.3 |
| May | 3.9% | +1.5 |
| June | 3.4% | +0.6 |
| July | 2.7% | -0.2 |
| August | 2.8% | +0.2 |
| September | 2.6% | -0.1 |
| October | 1.9% | -0.9 |
| November | 0.6% | -2.6 |
| December | 0.7% | -2.5 |
| Average | 2.5% |
Data source
Data from OECD. Last updated: 17/12/2025.