Historical Canadian Inflation Rates: 1915-2014

The following table includes historical Canadian inflation rates by month and year from 1915 to 2014. These inflation rates show the average increase or decrease in the price of selected consumer goods and services and are calculated from the Consumer Price Index (CPI) as published by Statistics Canada each month. The figures represent percent changes from year-to-year with the final column displaying the average Canadian inflation rate for the specific year.

The table of historical Canadian inflation rates was last updated on February 21, 2014 to include the 12-month rate to January 2014. The next update will happen on March 21, 2014 and will provide inflation rates through to February 2014. Also see this site’s section of current rates that includes inflation charted.

Historical Canadian Inflation Rates by Month and Year (%)

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
1915 1.7 1.7 1.7 1.7 3.4 1.7 3.4 1.7 1.7 0 3.3 3.3 1.7
1916 4.9 6.6 6.6 6.6 6.6 8.2 8.2 8.2 11.5 13.1 12.7 14.3 9.8
1917 15.6 13.8 16.9 16.9 21.5 21.2 21.2 21.2 17.6 18.8 15.5 15.3 17.9
1918 13.5 14.9 13.2 13.2 10.1 10 11.3 15 15 13.4 14.6 13.3 12.7
1919 13.1 10.6 9.3 9.3 11.5 10.2 10.1 8.7 8.7 7.5 7.4 8.5 10.1
1920 11.6 14.9 19.1 20.2 19.6 21.6 20.4 17 15 15 11.9 9.8 16.3
1921 3.8 0 -6.2 -9.7 -13.8 -17.8 -17.8 -17.1 -15.7 -15.7 -16.8 -16.1 -12.3
1922 -14.5 -13.9 -12.4 -9.8 -9 -6.2 -6.2 -5.2 -5.2 -5.2 -2.1 -2.1 -8
1923 -2.1 -1.1 1.1 0 1.1 1.1 0 0 0 0 0 0 0
1924 0 0 -1.1 -2.2 -3.3 -4.3 -3.3 -2.2 -2.2 -2.2 -1.1 -1.1 -2.2
1925 0 0 0 1.1 1.1 2.3 2.3 1.1 1.1 2.2 1.1 2.2 1.1
1926 0 0 0 1.1 2.2 2.2 2.2 1.1 1.1 0 0 -1.1 1.1
1927 0 0 -1.1 -2.2 -2.2 -2.2 -1.1 -2.2 -2.2 -2.2 -1.1 -1.1 -1.1
1928 0 0 0 1.1 0 0 -1.1 2.2 2.2 2.2 1.1 1.1 0
1929 0 0 1.1 0 2.2 2.2 2.2 0 0 1.1 1.1 2.2 1.1
1930 2.2 2.2 1.1 1.1 0 0 0 0 -3.3 -4.3 -4.3 -6.4 -1.1
1931 -7.4 -8.5 -8.6 -8.7 -9.8 -10.9 -12 -10.9 -9 -11.2 -11.2 -10.2 -9.9
1932 -10.3 -11.6 -10.6 -9.5 -10.8 -9.8 -8.6 -9.8 -8.6 -7.6 -7.6 -7.6 -8.5
1933 -7.7 -5.3 -6.6 -6.6 -4.1 -4.1 -4.1 -2.7 -2.7 -2.7 -2.7 -2.7 -5.3
1934 0 0 2.8 2.8 1.4 1.4 1.4 0 0 1.4 1.4 1.4 1.4
1935 0 0 -1.4 -1.4 0 0 0 0 1.4 1.4 2.8 2.8 0
1936 2.8 2.8 2.8 1.4 1.4 1.4 2.8 2.8 1.4 2.7 1.4 1.4 2.8
1937 2.7 2.7 2.7 4.1 4.1 4.1 2.7 4.1 4.1 4 4 4 4.1
1938 1.3 1.3 2.6 2.6 1.3 1.3 2.6 1.3 0 -2.6 -2.6 -2.6 0
1939 -1.3 -1.3 -2.6 -2.6 -1.3 -1.3 -2.6 -2.6 -1.3 2.6 2.6 2.6 -1.3
1940 2.6 2.6 3.9 3.9 3.9 3.9 5.3 5.3 6.6 3.8 3.8 5.1 5.3
1941 5.1 5.1 3.8 3.8 3.8 6.3 6.2 7.5 7.4 7.4 8.6 6.1 5
1942 6.1 6.1 7.3 7.3 7.3 4.8 4.7 3.5 1.1 2.3 2.3 3.4 4.8
1943 1.1 1.1 0 2.3 2.3 2.3 2.2 2.2 4.5 3.4 2.2 2.2 2.3
1944 3.4 3.4 3.4 1.1 1.1 1.1 0 0 -1.1 -1.1 -1.1 -2.2 1.1
1945 -1.1 0 0 0 0 1.1 1.1 1.1 1.1 1.1 1.1 2.2 1.1
1946 2.2 1.1 1.1 1.1 1.1 2.2 3.3 4.3 4.3 5.4 5.4 5.4 2.2
1947 5.4 5.4 6.5 7.6 9.8 8.5 8.4 7.3 10.4 11.3 12.4 14.4 9.6
1948 15.5 17.5 16.3 16.2 14.9 15.7 14.6 15.5 14.2 12 11 9 14.6
1949 8 6.1 6.1 5.2 4.3 2.5 2.5 2.5 0.8 1.7 1.7 0.8 3.4
1950 0 0.8 1.7 1.7 1.7 1.7 2.5 2.5 4.1 4.9 4.9 5.7 2.5
1951 7.4 9 8.9 10.6 10.6 13 12.1 12 11 10.1 10.9 10.9 10.4
1952 10.8 7.5 6 4.4 3.7 1.4 1.4 0.7 0 -0.7 -1.4 -1.4 2.9
1953 -2.1 -2.1 -2.1 -2.1 -1.4 -1.4 -1.4 0 0 0.7 0 0 -1.4
1954 0 0.7 0.7 0.7 0.7 1.4 1.4 0.7 0.7 0 0.7 0 0.7
1955 0 0 0.7 0.7 0.7 0 0 -0.7 0 0 0 0.7 0
1956 0.7 0 0 0 0 1.4 2.1 2.8 1.4 2.1 2.8 2.8 1.4
1957 2.8 3.5 3.5 4.3 4.3 3.5 2.8 2.8 4.2 3.4 2.7 2.1 3.5
1958 2.7 2.7 3.4 2.7 2.7 2 2 1.3 2 2 2 2.7 2.7
1959 2 2 0.7 0.7 1.3 0 1.3 1.3 1.3 1.3 1.3 1.3 0.7
1960 1.3 1.3 1.3 2 1.3 2.6 1.3 1.3 0 1.3 1.3 1.3 1.3
1961 1.3 1.3 1.9 1.3 1.3 1.3 1.3 1.3 1.3 0 0 0 1.3
1962 0 0 0 0.6 0.6 1.3 1.3 1.9 1.3 1.9 1.9 1.9 1.3
1963 1.9 1.9 1.9 1.3 1.3 0.6 1.9 1.9 1.9 1.2 1.9 1.9 1.3
1964 1.9 1.9 1.9 2.5 2.5 2.5 1.9 1.2 1.9 1.9 1.2 1.8 1.9
1965 1.8 1.8 1.8 1.8 1.8 3 2.4 2.4 2.4 2.4 3 3 2.4
1966 3 3.6 4.2 4.2 4.2 3.6 3.6 4.1 4.1 4.1 3.5 3.5 4.2
1967 3.5 2.9 2.9 2.9 3.4 3.4 4 4 4 4 4 4 3.4
1968 4.5 4.5 4.5 3.9 3.3 3.3 3.8 3.8 3.8 3.8 4.9 4.3 3.9
1969 3.8 3.8 3.8 5.4 5.4 5.3 4.8 4.7 4.7 4.7 3.6 4.7 4.8
1970 5.2 5.2 4.7 3.6 3.6 3 3.5 3 2.5 2.5 2.5 1 3
1971 1 1.5 1.5 2 2 2.5 2.4 3.4 3.4 3.9 3.9 4.9 3
1972 4.9 4.9 5.4 4.8 4.8 4.3 4.8 4.7 5.7 5.2 5.2 5.2 4.8
1973 5.6 6 5.6 6.5 6.9 7.8 7.7 8.1 8.1 8.5 9.4 9.4 7.8
1974 9.3 9.2 10.5 10 11.6 11.5 11 10.8 11.2 12 11.9 12.7 11
1975 11.7 12 11.1 11 10 10.3 11 10.9 10.4 10 10.3 9.4 10.7
1976 9.8 9.3 9.3 8.9 8.4 8 7.2 6.1 6.4 6.4 5.6 5.6 7.2
1977 6.3 6.2 7.2 7.5 8.1 7.7 8.3 8.3 8.6 8.8 9.1 9.4 8
1978 9 9.3 8.8 8.5 8.7 9.3 9.4 9.7 8.5 9 8.9 8.6 8.9
1979 8.5 9 9.2 9.8 9.4 9 8.4 8.3 9.7 9 9.5 9.8 9.3
1980 9.7 9.6 9.2 9.2 9.3 10 10 10.9 10.6 10.7 11.1 11.1 10
1981 12.2 12.1 12.7 12.6 12.2 12.8 12.9 12.5 12.7 12.8 12.2 12.1 12.5
1982 11.3 11.4 11.5 11.4 11.9 11.3 11 10.5 10.3 10 9.7 9.3 10.9
1983 8.2 7.6 7.3 6.7 5.5 5.4 5.4 5.6 5 5 4.4 4.6 5.8
1984 5.5 5.5 4.5 4.9 4.7 4.3 4.1 3.6 3.7 3.4 3.9 3.7 4.3
1985 3.5 3.7 3.7 3.8 4.2 4 4.1 4.1 4.1 4.1 3.9 4.4 4
1986 4.4 4.2 4.3 3.8 4.1 3.8 4.1 4.3 4.1 4.4 4.5 4.2 4.1
1987 4 4 4 4.6 4.6 4.7 4.6 4.5 4.5 4.2 4.2 4.2 4.4
1988 4 4 4.3 4 4 3.9 3.9 3.9 4.1 4.3 4 3.9 3.9
1989 4.3 4.6 4.5 4.5 5.1 5.2 5.3 5.3 5.3 5.1 5.3 5.3 5.1
1990 5.5 5.5 5.3 5 4.4 4.4 4.1 4.1 4.2 4.7 5.1 5 4.8
1991 6.9 6.2 6.2 6.2 6.2 6.3 6 6 5.5 4.4 4.1 3.8 5.6
1992 1.6 1.6 1.6 1.7 1.3 1.1 1.2 1.1 1.3 1.6 1.7 2.2 1.4
1993 2 2.4 1.9 1.8 1.9 1.7 1.7 1.8 1.8 1.9 1.9 1.7 1.9
1994 1.3 0.1 0.2 0.2 -0.2 0 0.1 0.1 0.2 -0.2 -0.1 0.2 0.1
1995 0.6 1.9 2.1 2.5 2.9 2.7 2.6 2.2 2.2 2.3 2.1 1.7 2.2
1996 1.6 1.3 1.5 1.4 1.5 1.5 1.3 1.5 1.5 1.8 1.9 2.2 1.5
1997 2.2 2.3 1.9 1.7 1.5 1.7 1.7 1.8 1.7 1.5 0.9 0.8 1.7
1998 1.1 1 1 0.9 1.1 1 1 0.9 0.7 1.1 1.2 1 1
1999 0.7 0.7 1 1.6 1.5 1.6 1.9 2.1 2.6 2.3 2.2 2.6 1.6
2000 2.2 2.7 3 2.2 2.4 2.8 2.9 2.6 2.7 2.8 3.2 3.2 2.8
2001 3 2.9 2.4 3.5 3.9 3.4 2.7 2.8 2.6 1.9 0.6 0.7 2.5
2002 1.3 1.4 1.9 1.7 1.1 1.2 2.1 2.5 2.3 3.2 4.4 3.8 2.2
2003 4.5 4.7 4.2 2.9 2.8 2.6 2.1 2 2.2 1.6 1.6 2.1 2.8
2004 1.3 0.7 0.8 1.7 2.4 2.5 2.3 1.8 1.8 2.3 2.4 2.1 1.8
2005 1.9 2.1 2.3 2.4 1.6 1.7 2 2.6 3.2 2.6 2 2.1 2.2
2006 2.8 2.2 2.2 2.4 2.8 2.4 2.3 2.1 0.7 1 1.4 1.7 2
2007 1.1 2 2.3 2.2 2.2 2.2 2.2 1.7 2.5 2.4 2.5 2.4 2.1
2008 2.2 1.8 1.4 1.7 2.2 3.1 3.4 3.5 3.4 2.6 2 1.2 2.4
2009 1.1 1.4 1.2 0.4 0.1 -0.3 -0.9 -0.8 -0.9 0.1 1 1.3 0.3
2010 1.9 1.6 1.4 1.8 1.4 1 1.8 1.7 1.9 2.4 2 2.4 1.8
2011 2.3 2.2 3.3 3.3 3.7 3.1 2.7 3.1 3.2 2.9 2.9 2.3 2.9
2012 2.5 2.6 1.9 2 1.2 1.5 1.2 1.2 1.2 1.2 0.8 0.8 1.5
2013 0.5 1.2 1.0 0.4 0.7 1.2 1.3 1.1 1.1 0.7 0.9 1.2 0.9
2014 1.5