Inflation Canada 2009
Average inflation: 0.3%
Current Inflation
Inflation is very low at 0.3%, well below the ECB target.
Peak and Trough
The highest inflation was in February at 1.4%. The lowest inflation was in July at -0.9%.
- Highest month
- February: 1.4%
- Lowest month
- July: -0.9%
- Difference
- 2.3 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 5.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 5.5%.
- Highest increase
- Food and non-alcoholic beverages: 5.5%
- Lowest increase
- Food and non-alcoholic beverages: 5.5%
Historical Context
Current inflation is 1.5% lower than the 5-year average of 1.8%.
- 5-year average
- 1.8%
- 10-year average
- 2.1%
- All-time high (1991)
- 5.6%
- All-time low (1994)
- 0.2%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +2.1 percentage point.
- Change vs. previous year
- -2.1 percentage points
- Largest monthly swing
- July: -4.3 percentage points
ECB Target
Inflation is 1.7% 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 €100.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 1.1% | -1.1 |
| February | 1.4% | -0.4 |
| March | 1.2% | -0.2 |
| April | 0.4% | -1.3 |
| May | 0.1% | -2.1 |
| June | -0.3% | -3.4 |
| July | -0.9% | -4.3 |
| August | -0.8% | -4.3 |
| September | -0.9% | -4.3 |
| October | 0.1% | -2.5 |
| November | 1.0% | -1.0 |
| December | 1.3% | +0.1 |
| Average | 0.3% |
Data source
Data from OECD. Last updated: 17/12/2025.