Inflation Canada 2014
Average inflation: 1.9%
Current Inflation
Inflation is low at 1.9%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in June at 2.4%. The lowest inflation was in February at 1.1%.
- Highest month
- June: 2.4%
- Lowest month
- February: 1.1%
- Difference
- 1.3 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 2.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.5%.
- Highest increase
- Food and non-alcoholic beverages: 2.5%
- Lowest increase
- Food and non-alcoholic beverages: 2.5%
Historical Context
Current inflation is around the 5-year average of 1.8%.
- 5-year average
- 1.8%
- 10-year average
- 1.8%
- All-time high (2011)
- 2.9%
- All-time low (2009)
- 0.3%
Trend
Inflation has remained relatively stable. Compared to 2013, the difference is minimal (+1.0 percentage point).
- Change vs. previous year
- +1.0 percentage points
- Largest monthly swing
- October: +1.7 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €101.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 1.5% | +1.0 |
| February | 1.1% | -0.1 |
| March | 1.5% | +0.5 |
| April | 2.0% | +1.6 |
| May | 2.3% | +1.6 |
| June | 2.4% | +1.2 |
| July | 2.1% | +0.8 |
| August | 2.1% | +1.0 |
| September | 2.0% | +0.9 |
| October | 2.4% | +1.7 |
| November | 2.0% | +1.1 |
| December | 1.5% | +0.3 |
| Average | 1.9% |
Data source
Data from OECD. Last updated: 17/12/2025.