Canadian inflation rate in 1986: 4.21%

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1986-2017 (CA$1)

The consumer price index (CPI) in 1986 was 66.8. 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 2.18% per year. Prices in 2017 are 95.2% higher than prices in 1986.

In other words, CA$1 in the year 1986 is equivalent to CA$1.95 in 2017, a difference of CA$0.95 over 31 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 1986 to 2017
Cumulative price change 95.21%
Average inflation rate 2.18%
Price difference (CA$1 base) CA$0.95
CPI in 1986 66.8
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1986

Start with the inflation rate formula:

CPI in 2017 / CPI in 1986 * 1986 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 66.8 in the year 1986 and 130.4 in 2017:

130.4 / 66.8 * CA$1 = CA$1.95

The "purchasing power" of CA$1 from 1986 is CA$1.95 in 2017.


News headlines from 1986

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

  • Ferdinand Marcos becomes president of the Philippines after rigged elections.
  • 6.5 million People hold hands across the US in an event referred to as Hands Across America.
  • Doctors announce that the drug AZT will be available to AIDS patients.
  • Talks between Ronald Reagan and Mikhail Gorbachev begin at the Reykjavik summit.
  • Mrs. Davina Thompson receives the first heart, lung and liver transplant in Cambridge, England.

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


» Read more about inflation.