Canadian inflation rate in 2011: 2.30%

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Canadian Inflation Rate, 2011-2017 (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, the dollar experienced an average inflation rate of 1.37% per year. Prices in 2017 are 8.5% higher than prices in 2011.

In other words, CA$1 in the year 2011 is equivalent to CA$1.08 in 2017, a difference of CA$0.08 over 6 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 2011 to 2017
Cumulative price change 8.49%
Average inflation rate 1.37%
Price difference (CA$1 base) CA$0.08
CPI in 2011 120.2
CPI in 2017 130.4


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 2017 / CPI in 2011 * 2011 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 120.2 in the year 2011 and 130.4 in 2017:

130.4 / 120.2 * CA$1 = CA$1.08

CA$1 in 2011 has the same "purchasing power" as CA$1.08 in 2017.


News headlines from 2011

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

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


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