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Canada: Annual Inflation Rate

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There are two key sources for the Annual Inflation Rate of Canada.  The first primary source is the Bank of Canada and the second is Statistics Canada.

Both publish Consumer Price Index rates for Canada that can be used to calculate the Canadian Inflation Rate.

The typical rate of inflation is simply a calculation of the most recent 12-month period and it includes prices collected on a variety of consumer items, everything from food purchased from restaurants to health and personal care to passenger vehicle insurance premiums and of course housing prices (home owner's replacement costs), gasoline prices and a  survey of other prices for normal household operations.

All of these prices are collected on a monthly basis and go into the consumer price index (cpi) and from there the annual inflation rate in percent can be calculated. 2002 was set as the base year (i.e. set to an index value of 100).

The Bank of Canada (Banque Du Canada) publishes the CPI index as "Total CPI"  they also publish a "Core CPI Index".  From these two they calculate the Percentage change over 1 year ago (unadjusted)  of both Canada's Total CPI and Canada's Core CPI index.  They publish the data from January 1995 - Present. That big bulky CPI table can be found here.

We have condensed the Historical Inflation Rate Table from January 1995-Current per the Bank of Canada and include it here. The base year is 2002.

Date CPI Annual Canada Inflation Rate
in Percent
Jan-14 123.1 1.5
Dec-13 122.7 1.2
Nov-13 123.0 0.9
Oct-13 123.0 0.7
Sep-13 123.3 1.1
Aug-13 123.1 1.1
Jul-13 123.1 1.3
Jun-13 123.0 1.2
May-13 123.0 0.7
Apr-13 122.7 0.4
Mar-13 122.9 1.0
Feb-13 122.7 1.2
Jan-13 121.3 0.5
Dec-12 121.2 0.8
Nov-12 121.9 0.8
Oct-12 122.2 1.2
Sep-12 122.0 1.2
Aug-12 121.8 1.2
Jul-12 121.5 1.3
Jun-12 121.6 1.5
May-12 122.1 1.2
Apr-12 122.2 2.0
Mar-12 121.7 1.9
Feb-12 121.2 2.6
Jan-12 120.7 2.5
Dec-11 120.2 2.3
Nov-11 120.9 2.9
Oct-11 120.8 2.9
Sep-11 120.6 3.2
Aug-11 120.3 3.1
Jul-11 120.0 2.7
Jun-11 119.8 3.1
May-11 120.6 3.7
Apr-11 119.8 3.3
Mar-11 119.4 3.3
Feb-11 118.1 2.2
Jan-11 117.8 2.3
Dec-10 117.5 2.4
Nov-10 117.5 2.0
Oct-10 117.4 2.4
Sep-10 116.9 1.9
Aug-10 116.7 1.7
Jul-10 116.8 1.8
Jun-10 116.2 1
May-10 116.3 1.4
Apr-10 116 1.8
Mar-10 115.6 1.4
Feb-10 115.6 1.6
Jan-10 115.1 1.9
Dec-09 114.8 1.3
Nov-09 115.2 1
Oct-09 114.6 0.1
Sep-09 114.7 -0.9
Aug-09 114.7 -0.8
Jul-09 114.7 -0.9
Jun-09 115.1 -0.3
May-09 114.7 0.1
Apr-09 113.9 0.4
Mar-09 114 1.2
Feb-09 113.8 1.4
Jan-09 113 1.1
Dec-08 113.3 1.2
Nov-08 114.1 2
Oct-08 114.5 2.6
Sep-08 115.7 3.4
Aug-08 115.6 3.5
Jul-08 115.8 3.4
Jun-08 115.4 3.1
May-08 114.6 2.2
Apr-08 113.5 1.7
Mar-08 112.6 1.4
Feb-08 112.2 1.8
Jan-08 111.8 2.2
Dec-07 112 2.4
Nov-07 111.9 2.5
Oct-07 111.6 2.4
Sep-07 111.9 2.5
Aug-07 111.7 1.7
Jul-07 112 2.2
Jun-07 111.9 2.2
May-07 112.1 2.2
Apr-07 111.6 2.2
Mar-07 111.1 2.3
Feb-07 110.2 2
Jan-07 109.4 1.1
Dec-06 109.4 1.7
Nov-06 109.2 1.4
Oct-06 109 1
Sep-06 109.2 0.7
Aug-06 109.8 2.1
Jul-06 109.6 2.3
Jun-06 109.5 2.4
May-06 109.7 2.8
Apr-06 109.2 2.4
Mar-06 108.6 2.2
Feb-06 108 2.2
Jan-06 108.2 2.8
Dec-05 107.6 2.1
Nov-05 107.7 2
Oct-05 107.9 2.6
Sep-05 108.4 3.2
Aug-05 107.5 2.6
Jul-05 107.1 2
Jun-05 106.9 1.7
May-05 106.7 1.6
Apr-05 106.6 2.4
Mar-05 106.3 2.3
Feb-05 105.7 2.1
Jan-05 105.3 1.9
Dec-04 105.4 2.1
Nov-04 105.6 2.4
Oct-04 105.2 2.3
Sep-04 105 1.8
Aug-04 104.8 1.8
Jul-04 105 2.3
Jun-04 105.1 2.5
May-04 105 2.4
Apr-04 104.1 1.7
Mar-04 103.9 0.8
Feb-04 103.5 0.7
Jan-04 103.3 1.3
Dec-03 103.2 2.1
Nov-03 103.1 1.6
Oct-03 102.8 1.6
Sep-03 103.1 2.2
Aug-03 102.9 2
Jul-03 102.6 2.1
Jun-03 102.5 2.6
May-03 102.5 2.8
Apr-03 102.4 2.9
Mar-03 103.1 4.2
Feb-03 102.8 4.7
Jan-03 102 4.5
Dec-02 101.1 3.8
Nov-02 101.5 4.4
Oct-02 101.2 3.2
Sep-02 100.9 2.3
Aug-02 100.9 2.5
Jul-02 100.5 2.1
Jun-02 99.9 1.2
May-02 99.7 1.1
Apr-02 99.5 1.7
Mar-02 98.9 1.9
Feb-02 98.2 1.4
Jan-02 97.6 1.3
Dec-01 97.4 0.7
Nov-01 97.2 0.6
Oct-01 98.1 1.9
Sep-01 98.6 2.6
Aug-01 98.4 2.8
Jul-01 98.4 2.7
Jun-01 98.7 3.4
May-01 98.6 3.9
Apr-01 97.8 3.5
Mar-01 97.1 2.4
Feb-01 96.8 2.9
Jan-01 96.3 3
Dec-00 96.7 3.2
Nov-00 96.6 3.2
Oct-00 96.3 2.8
Sep-00 96.1 2.7
Aug-00 95.7 2.6
Jul-00 95.8 2.9
Jun-00 95.5 2.8
May-00 94.9 2.4
Apr-00 94.5 2.2
Mar-00 94.8 3
Feb-00 94.1 2.7
Jan-00 93.5 2.2
Dec-99 93.7 2.6
Nov-99 93.6 2.2
Oct-99 93.7 2.3
Sep-99 93.6 2.6
Aug-99 93.3 2.1
Jul-99 93.1 1.9
Jun-99 92.9 1.6
May-99 92.7 1.5
Apr-99 92.5 1.6
Mar-99 92 1
Feb-99 91.6 0.7
Jan-99 91.5 0.7
Dec-98 91.3 1
Nov-98 91.6 1.2
Oct-98 91.6 1.1
Sep-98 91.2 0.7
Aug-98 91.4 0.9
Jul-98 91.4 1
Jun-98 91.4 1
May-98 91.3 1.1
Apr-98 91 0.9
Mar-98 91.1 1
Feb-98 91 1
Jan-98 90.9 1.1
Dec-97 90.4 0.8
Nov-97 90.5 0.9
Oct-97 90.6 1.5
Sep-97 90.6 1.7
Aug-97 90.6 1.8
Jul-97 90.5 1.7
Jun-97 90.5 1.7
May-97 90.3 1.5
Apr-97 90.2 1.7
Mar-97 90.2 1.9
Feb-97 90.1 2.3
Jan-97 89.9 2.2
Dec-96 89.7 2.2
Nov-96 89.7 1.9
Oct-96 89.3 1.8
Sep-96 89.1 1.5
Aug-96 89 1.5
Jul-96 89 1.3
Jun-96 89 1.5
May-96 89 1.5
Apr-96 88.7 1.4
Mar-96 88.5 1.5
Feb-96 88.1 1.3
Jan-96 88 1.6
Dec-95 87.8 1.7
Nov-95 88 2.1
Oct-95 87.7 2.3
Sep-95 87.8 2.2
Aug-95 87.7 2.2
Jul-95 87.9 2.6
Jun-95 87.7 2.7
May-95 87.7 2.9
Apr-95 87.5 2.5
Mar-95 87.2 2.1
Feb-95 87 1.9
Jan-95 86.6 0.6
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