Canadian inflation rate in 2000: 3.20%

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 2000-2018 (CA$1)

The consumer price index (CPI) in 2000 was 96.7. 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 1.70% per year. Prices in 2018 are 35.4% higher than prices in 2000.

In other words, CA$1 in the year 2000 is equivalent in purchasing power to CA$1.35 in 2018, a difference of CA$0.35 over 18 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 2000 to 2018
Cumulative price change 35.37%
Average inflation rate 1.70%
Price difference (CA$1 base) CA$0.35
CPI in 2000 96.7
CPI in 2018 130.9


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 2000

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 96.7 in the year 2000 and 130.9 in 2018:

130.9 / 96.7 * CA$1 = CA$1.35

CA$1 in 2000 has the same "purchasing power" as CA$1.35 in 2018.


News headlines from 2000

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

  • Steve Ballmer becomes CEO of Microsoft after Bill Gates steps down.
  • Dot-com bubble bursts after NASDAQ Composite stock market index peaks.
  • George Bush becomes President of the U.S. in a disputed election that is eventually resolved by the Supreme Court.
  • Gisborne, New Zealand becomes the first city to enter the new millennium.

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 2000 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 22 Jan. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-2000.


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