Inflation Canada 2005
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in September at 3.2%. The lowest inflation was in May at 1.6%.
- Highest month
- September: 3.2%
- Lowest month
- May: 1.6%
- Difference
- 1.6 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 2.3%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.3%.
- Highest increase
- Food and non-alcoholic beverages: 2.3%
- Lowest increase
- Food and non-alcoholic beverages: 2.3%
Historical Context
Current inflation is around the 5-year average of 2.3%.
- 5-year average
- 2.3%
- 10-year average
- 2%
- All-time high (1991)
- 5.6%
- All-time low (1994)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2004, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- March: +1.5 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 €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 1.9% | +0.6 |
| February | 2.1% | +1.4 |
| March | 2.3% | +1.5 |
| April | 2.4% | +0.7 |
| May | 1.6% | -0.8 |
| June | 1.7% | -0.8 |
| July | 2.0% | -0.3 |
| August | 2.6% | +0.8 |
| September | 3.2% | +1.4 |
| October | 2.6% | +0.3 |
| November | 2.0% | -0.4 |
| December | 2.1% | 0.0 |
| Average | 2.2% |
Data source
Data from OECD. Last updated: 17/12/2025.