Inflation Canada 2025
Average inflation: 2.0%
Current Inflation
Inflation is normal at 2.0%, around the ECB target.
Peak and Trough
The highest inflation was in February at 2.6%. The lowest inflation was in April at 1.7%.
- Highest month
- February: 2.6%
- Lowest month
- April: 1.7%
- Difference
- 0.9 percentage points
- Months with data
- 11 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 4.1%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -0.7%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 4.1%
- Lowest increase
- Furnishings, household equipment and maintenance: -0.7%
Historical Context
Current inflation is 1.7% lower than the 5-year average of 3.7%.
- 5-year average
- 3.7%
- 10-year average
- 2.6%
- All-time high (2022)
- 6.8%
- All-time low (2009)
- 0.3%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.4 percentage point.
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- May: -1.2 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 2025
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2024 |
|---|---|---|
| January | 1.9% | -1.0 |
| February | 2.6% | -0.2 |
| March | 2.3% | -0.6 |
| April | 1.7% | -1.0 |
| May | 1.7% | -1.2 |
| June | 1.9% | -0.8 |
| July | 1.7% | -0.8 |
| August | 1.9% | -0.1 |
| September | 2.4% | +0.8 |
| October | 2.2% | +0.2 |
| November | 2.2% | +0.3 |
| Average | 2.0% |
Data source
Data from OECD. Last updated: 11/01/2026.Not all months available yet.