Canadian inflation rate in 1975: 9.42%

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Canadian Inflation Rate, 1975-2017 (CA$1)

The consumer price index (CPI) in 1975 was 30.2. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada, the dollar experienced an average inflation rate of 3.54% per year. Prices in 2017 are 331.8% higher than prices in 1975.

In other words, CA$1 in the year 1975 is equivalent to CA$4.32 in 2017, a difference of CA$3.32 over 42 years.

The current inflation rate in 2017 is 1.56%1. If this number holds, CA$1 today will be equivalent to CA$1.02 next year.

Inflation from 1975 to 2017
Cumulative price change 331.79%
Average inflation rate 3.54%
Price difference (CA$1 base) CA$3.32
CPI in 1975 30.2
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1975

Start with the inflation rate formula:

CPI in 2017 / CPI in 1975 * 1975 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 30.2 in the year 1975 and 130.4 in 2017:

130.4 / 30.2 * CA$1 = CA$4.32

CA$1 in 1975 has the same "purchasing power" as CA$4.32 in 2017.


News headlines from 1975

Politics and news often play an important role in economic performance.

  • Margaret Thatcher becomes leader of the British Conservative Party, after defeating Edward Heath.
  • Ethiopia abrogates its 3,000-year-old monarchy.
  • Bill Gates and Paul Allen found Microsoft.
  • The US signals the beginning of the end of its involvement Vietnam, after it begins to evacuate its citizens from Saigon.
  • Gough Whitlam is removed by Governor General Sir John Kerr: the first time an elected Prime Minister had been deposed in 200 years (Australia).

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).


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