Inflation Canada 2012

Average inflation: 1.5%

Current Inflation

Inflation is low at 1.5%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in February at 2.6%. The lowest inflation was in November at 0.8%.

Highest month
February: 2.6%
Lowest month
November: 0.8%
Difference
1.8 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 2.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.4%.

Highest increase
Food and non-alcoholic beverages: 2.4%
Lowest increase
Food and non-alcoholic beverages: 2.4%

Historical Context

Current inflation is around the 5-year average of 1.8%.

5-year average
1.8%
10-year average
2%
All-time high (2011)
2.9%
All-time low (1994)
0.2%

Trend

Inflation has remained relatively stable. Compared to 2011, the difference is minimal (-1.4 percentage point).

Change vs. previous year
-1.4 percentage points
Largest monthly swing
May: -2.5 percentage points

ECB Target

Inflation is 0.5% 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 €101.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
2.4%
+0.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 2.5% +0.2
February 2.6% +0.4
March 1.9% -1.4
April 2.0% -1.3
May 1.2% -2.5
June 1.5% -1.6
July 1.3% -1.4
August 1.2% -1.9
September 1.2% -2.0
October 1.2% -1.7
November 0.8% -2.1
December 0.8% -1.5
Average 1.5%

Data source

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

See also