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History of Inflation in Canada

In Canada, the change in the Consumer Price Index (CPI) is used to estimate the increase in the cost of living from one year to the next. It is based on a generic basket of goods and services.

The CPI number is also used to determine the increase in government benefits such as CPP and OAS benefits from year to year.

Your personal cost of living increase will vary from the CPI values, much of that depending on how much the goods and services you use vary from basket used by Statcan.
 

Selected rates of inflation

Rate

Current inflation rate Canada xxxx
Average inflation rate (increase in CPI) for the past 10 years 1.91%
Average inflation rate (increase in CPI) since 1990 2.58%
Average inflation rate (increase in CPI) since 1960 3.86%

 

History of CPI (inflation) in Canada

Year Rate Year Rate Year Rate
2019 - 1999 2.20% 1979 9.30%
2018 - 1998 2.53% 1978 8.90%
2017 - 1997 2.82% 1977 6.42%
2016 1.70% 1996 3.09% 1976 5.96%
2015 2.00% 1995 3.35% 1975 5.66%
2014 2.00% 1994 3.53% 1974 4.83%
2013 0.90% 1993 3.95% 1973 3.92%
2012 1.98% 1992 4.34% 1972 3.27%
2011 2.05% 1991 5.29% 1971 2.92%
2010 2.01% 1990 5.98% 1970 2.75%
2009 2.10% 1989 6.50% 1969 2.58%
2008 2.25% 1988 6.92% 1968 2.17%
2007 2.12% 1987 7.42% 1967 2.05%
2006 2.07% 1986 7.78% 1966 2.06%
2005 2.02% 1985 8.09% 1965 1.78%
2004 2.02% 1984 8.76% 1964 1.54%
2003 1.85% 1983 9.43% 1963 1.42%
2002 1.76% 1982 9.63% 1962 1.15%
2001 1.68% 1981 9.02% 1961 1.31%
2000 1.99% 1980 8.07% 1960 2.22%

Detailed information on the Consumer Price Index is available here from Statcan.