Canadian inflation rate in 2013: 1.24%

Canada Inflation Calculator


Canadian Inflation Rate, 2013-2018 (CA$1)

The consumer price index (CPI) in 2013 was 122.7. 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 1.30% per year. Prices in 2018 are 6.7% higher than prices in 2013.

In other words, CA$1 in the year 2013 is equivalent in purchasing power to CA$1.07 in 2018, a difference of CA$0.07 over 5 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 2013 to 2018
Cumulative price change 6.68%
Average inflation rate 1.30%
Price difference (CA$1 base) CA$0.07
CPI in 2013 122.7
CPI in 2018 130.9

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 2013

Start with the inflation rate formula:

CPI in 2018 / CPI in 2013 * 2013 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 122.7 in the year 2013 and 130.9 in 2018:

130.9 / 122.7 * CA$1 = CA$1.07

CA$1 in 2013 has the same "purchasing power" as CA$1.07 in 2018.

News headlines from 2013

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

  • 100,000 people march in Dhaka demanding justice for the atrocities committed during the Bangladesh Liberation War.
  • Pope Benedict XVI resigns, becoming the first pope to do so since 1415.
  • Two explosions near the finish line of the Boston Marathon, kill 3 and injure 183 people,
  • Xi Jinping becomes President of the People's Republic of China.

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 2013 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 24 Apr. 2018,

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