Canadian inflation rate in 1995: 1.74%

Canada Inflation Calculator


Canadian Inflation Rate, 1995-2018 (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 consumer price index, the dollar experienced an average inflation rate of 1.75% per year. Prices in 2018 are 49.1% higher than prices in 1995.

In other words, CA$1 in the year 1995 is equivalent in purchasing power to CA$1.49 in 2018, a difference of CA$0.49 over 23 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 1995 to 2018
Cumulative price change 49.09%
Average inflation rate 1.75%
Price difference (CA$1 base) CA$0.49
CPI in 1995 87.8
CPI in 2018 130.9

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 2018 / CPI in 1995 * 1995 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 87.8 in the year 1995 and 130.9 in 2018:

130.9 / 87.8 * CA$1 = CA$1.49

CA$1 in 1995 has the same "purchasing power" as CA$1.49 in 2018.

News headlines from 1995

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

  • 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

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 1995 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018,

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