Canadian inflation rate in 1985: 4.40%

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Canadian Inflation Rate, 1985-2017 (CA$1)

The consumer price index (CPI) in 1985 was 64.1. 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 2.24% per year. Prices in 2017 are 103.4% higher than prices in 1985.

In other words, CA$1 in the year 1985 is equivalent to CA$2.03 in 2017, a difference of CA$1.03 over 32 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 1985 to 2017
Cumulative price change 103.43%
Average inflation rate 2.24%
Price difference (CA$1 base) CA$1.03
CPI in 1985 64.1
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1985

Start with the inflation rate formula:

CPI in 2017 / CPI in 1985 * 1985 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 64.1 in the year 1985 and 130.4 in 2017:

130.4 / 64.1 * CA$1 = CA$2.03

CA$1 in 1985 has the same "purchasing power" as CA$2.03 in 2017.


News headlines from 1985

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

  • Mikhail Gorbachev replaces Konstantin Chernenko as leader of the Soviet Union.
  • Earthquake with a magnitude of 8.1 rocks Mexico City and kills 10,000 people, leaving over 250,000 homeless.
  • Mikhail Gorbachev (leader of the Soviet Union) and Ronald Reagan (President of the United States) meet for the first time.
  • Ernie Wise makes the first mobile phone call in the UK.

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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