Canadian inflation rate in 2012: 0.83%

Canada Inflation Calculator


Canadian Inflation Rate, 2012-2017 (CA$1)

The consumer price index (CPI) in 2012 was 121.2. 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 1.47% per year. Prices in 2017 are 7.6% higher than prices in 2012.

In other words, CA$1 in the year 2012 is equivalent to CA$1.08 in 2017, a difference of CA$0.08 over 5 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 2012 to 2017
Cumulative price change 7.59%
Average inflation rate 1.47%
Price difference (CA$1 base) CA$0.08
CPI in 2012 121.2
CPI in 2017 130.4

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 2012

Start with the inflation rate formula:

CPI in 2017 / CPI in 2012 * 2012 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 121.2 in the year 2012 and 130.4 in 2017:

130.4 / 121.2 * CA$1 = CA$1.08

CA$1 in 2012 has the same "purchasing power" as CA$1.08 in 2017.

News headlines from 2012

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

  • Wikileaks discloses 5 million emails from Stratfor, a private intelligence company.
  • Kim Jong-un is officially appointed as Supreme Leader of North Korea.
  • Ecuador guarantees political asylum to Julian Assange, founder of Wikileaks.

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

» Read more about inflation.