Canadian inflation rate in 1990: 4.99%

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Canadian Inflation Rate, 1990-2017 (CA$1)

The consumer price index (CPI) in 1990 was 79.9. 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 1.83% per year. Prices in 2017 are 63.2% higher than prices in 1990.

In other words, CA$1 in the year 1990 is equivalent to CA$1.63 in 2017, a difference of CA$0.63 over 27 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 1990 to 2017
Cumulative price change 63.20%
Average inflation rate 1.83%
Price difference (CA$1 base) CA$0.63
CPI in 1990 79.9
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1990

Start with the inflation rate formula:

CPI in 2017 / CPI in 1990 * 1990 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 79.9 in the year 1990 and 130.4 in 2017:

130.4 / 79.9 * CA$1 = CA$1.63

The "purchasing power" of CA$1 from 1990 is CA$1.63 in 2017.


News headlines from 1990

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

  • Nelson Mandela is released having spent 27 years in South African prison.
  • The Hubble Space Telescope takes its first photos from space.
  • Dr Penny Jamieson, becomes the first woman to be made an Anglican Bishop, in New Zeeland
  • The United States sends troops to Saudi Arabia, marking the beginning of Operation Desert Shield.

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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