Canadian inflation rate in 1995: 1.74%

Canada Inflation Calculator


Canadian Inflation Rate, 1995-2017 (CA$1)

The consumer price index (CPI) in 1995 was 87.8. 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 1.81% per year. Prices in 2017 are 48.5% higher than prices in 1995.

In other words, CA$1 in the year 1995 is equivalent to CA$1.49 in 2017, a difference of CA$0.49 over 22 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 1995 to 2017
Cumulative price change 48.52%
Average inflation rate 1.81%
Price difference (CA$1 base) CA$0.49
CPI in 1995 87.8
CPI in 2017 130.4

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 1995

Start with the inflation rate formula:

CPI in 2017 / CPI in 1995 * 1995 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 87.8 in the year 1995 and 130.4 in 2017:

130.4 / 87.8 * CA$1 = CA$1.49

CA$1 in 1995 has the same "purchasing power" as CA$1.49 in 2017.

News headlines from 1995

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

  • Bosnian Serbs massacre over 7,000 Bosnian Muslims in Srebrenica.
  • Scientists discover the Hale-Bopp Comet; which later became visible to the naked eye.
  • Signing of the Dayton Agreement in Paris in order to end conflicts between former Yugoslavian republics
  • 170 countries agree to the unconditional and indefinite extending of the Nuclear Non-proliferation Treaty.
  • Austria, Finland and Sweden accede to the European Union.

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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