Canadian inflation rate in 1992: 2.17%

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Canadian Inflation Rate, 1992-2017 (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, the dollar experienced an average inflation rate of 1.74% per year. Prices in 2017 are 54.0% higher than prices in 1992.

In other words, CA$1 in the year 1992 is equivalent to CA$1.54 in 2017, a difference of CA$0.54 over 25 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 1992 to 2017
Cumulative price change 53.96%
Average inflation rate 1.74%
Price difference (CA$1 base) CA$0.54
CPI in 1992 84.7
CPI in 2017 130.4


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 2017 / CPI in 1992 * 1992 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 84.7 in the year 1992 and 130.4 in 2017:

130.4 / 84.7 * CA$1 = CA$1.54

CA$1 in 1992 has the same "purchasing power" as CA$1.54 in 2017.


News headlines from 1992

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

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


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