Inflation Canada 2006
Average inflation: 2.0%
Current Inflation
Inflation is normal at 2.0%, around the ECB target.
Peak and Trough
The highest inflation was in January at 2.8%. The lowest inflation was in September at 0.7%.
- Highest month
- January: 2.8%
- Lowest month
- September: 0.7%
- Difference
- 2.1 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 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 2%
- All-time high (1991)
- 5.6%
- All-time low (1994)
- 0.2%
Trend
Inflation has remained relatively stable. Compared to 2005, the difference is minimal (-0.2 percentage point).
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- September: -2.5 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 €102.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 2.8% | +0.9 |
| February | 2.2% | +0.1 |
| March | 2.2% | -0.1 |
| April | 2.4% | 0.0 |
| May | 2.8% | +1.2 |
| June | 2.4% | +0.7 |
| July | 2.3% | +0.3 |
| August | 2.1% | -0.5 |
| September | 0.7% | -2.5 |
| October | 1.0% | -1.6 |
| November | 1.4% | -0.6 |
| December | 1.7% | -0.4 |
| Average | 2.0% |
Data source
Data from OECD. Last updated: 17/12/2025.