Canadian inflation rate in 2011: 2.30%

Canada Inflation Calculator

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Canadian Inflation Rate, 2011-2018 (CA$1)

The consumer price index (CPI) in 2011 was 120.2. 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 1.23% per year. Prices in 2018 are 8.9% higher than prices in 2011.

In other words, CA$1 in the year 2011 is equivalent in purchasing power to CA$1.09 in 2018, a difference of CA$0.09 over 7 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 2011 to 2018
Cumulative price change 8.90%
Average inflation rate 1.23%
Price difference (CA$1 base) CA$0.09
CPI in 2011 120.2
CPI in 2018 130.9


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 2011

Start with the inflation rate formula:

CPI in 2018 / CPI in 2011 * 2011 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 120.2 in the year 2011 and 130.9 in 2018:

130.9 / 120.2 * CA$1 = CA$1.09

CA$1 in 2011 has the same "purchasing power" as CA$1.09 in 2018.


News headlines from 2011

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

  • Ben Ali, the president of Tunisia, flees to Saudi Arabia after protests known as the Jasmine Revolution.
  • Fidel Castro resigns from the central committee of Cuban Communist Party after 45 years.
  • Osama bin Laden is killed by US Special Forces in Abbottabad, Pakistan.
  • Norway, is struck by twin terror attacks: a bomb blast targeting government buildings in Oslo, and a massacre at a youth camp on Utøya island

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 2011 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 24 Jan. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-2011.


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