Inflation Canada 2012

Average inflation: 1.5%

Inflation in 2012

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

Historical Context

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

Over the period 2010-2012, inflation has remained relatively stable. Compared to 2011, inflation has fallen by 1.4 percentage points.

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

ECB Target

Inflation is 0.5 percentage points 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 CA$100 this year will cost approximately CA$101.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
2.4%
+0.9 vs 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