Canadian inflation rate in 1992: 2.17%

Canada Inflation Calculator

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Canadian Inflation Rate, 1992-2018 (CA$1)

The consumer price index (CPI) in 1992 was 84.7. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 1.69% per year. Prices in 2018 are 54.5% higher than prices in 1992.

In other words, CA$1 in the year 1992 is equivalent in purchasing power to CA$1.55 in 2018, a difference of CA$0.55 over 26 years.

The current inflation rate in 2018 is 0.38%1. If this number holds, CA$1 today will be equivalent to CA$1.00 next year.

Inflation from 1992 to 2018
Cumulative price change 54.55%
Average inflation rate 1.69%
Price difference (CA$1 base) CA$0.55
CPI in 1992 84.7
CPI in 2018 130.9


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1992

Start with the inflation rate formula:

CPI in 2018 / CPI in 1992 * 1992 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 84.7 in the year 1992 and 130.9 in 2018:

130.9 / 84.7 * CA$1 = CA$1.55

CA$1 in 1992 has the same "purchasing power" as CA$1.55 in 2018.


News headlines from 1992

Politics and news often influence economic performance. Here's what was happening at the time:

  • The Conservative party wins the 1992 British general election, returning John Major to his role as Prime Minister.
  • Nelson Mandela's meets with UN Secretary-General Boutros Boutros-Ghali at Dakar.
  • Bill Clinton is elected President of the United States,.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “Inflation Rate in 1992 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-1992.


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