This inflation calculator uses the official Canadian consumer price index. An inflation rate of 3.02% per year means $100 in 1915 is worth $2,638.04 in 2025.
Canada: Inflation rate from 1987 to 2029 (compared to the previous year) ×Zoomable Statistic: Select the range in the chart you want to zoom in on. Inflation rate4.37%4.37%4.03%4.03%4.98%4.98%4.78%4.78%5.63%5.63%1.49%1.49%1.87%1.87%0.17%0.17%2.15%2.15%1.57%1.57%1.62%1.62%1%1%1.74%...
$100 in 2000 is equivalent in purchasing power to about$168.62in 2024, an increase of $68.62 over 24 years. The dollar had an average inflation rate of2.20% per yearbetween 2000 and 2024, producing a cumulative price increase of68.62%. ...
Canada's annual inflation rate rose to 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last month. The federal agency released its consumer price index report Tuesday, showing inflation ticked up from 3.1 per cent in November. Economists ...
OTTAWA — Statistics Canada says the annual inflation rate slowed to 3.8 per cent in September as prices year-over-year rose more slowly across the economy. The latest data comes after the annual rate flared up during the summer, reaching four ...
The slowdown in the headline rate comes after inflation ticked up slightly in April to 4.4 per cent, setting off some alarm bells at the Bank of Canada. Advertisement Forecasters were widely anticipating a sharp decline in inflation this year, as price increases slow compared to th...
Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now ...
I gave a speech last year in Sweden to explain that inflation was caused by central banks such as the Federal Reserve, European Central Bank, and Bank of England. Today, let’s add the Bank of Canada to the list. Here’s a look at its balance sheet and you can see that there was ...
Statistics Canada reported Tuesday the annual inflation rate fell to 3.4 per cent in May, largely due to lower gasoline prices compared to a year ago. That's the lowest it’s been since June 2021. However, the long-awaited decline in food inflation has yet to co...
Excluding food and energy, Statistics Canada said prices in February were up 4.8 per cent compared with a year ago, following a 4.9 per cent year-over-year gain in January. Recommended from Editorial The annual inflation rate peaked at 8.1 per cent in June 2022, but has been declining. ...