1941 CPI and Inflation Rate for Canada

This table shows the Monthly All-Items Consumer Price Index (CPI-U) and Annual Inflation Rates for Canada in 1941. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 19418.2 0.0 %5.1 %
February 19418.2 0.0 %5.1 %
March 19418.2 0.0 %3.8 %
April 19418.2 0.0 %3.8 %
May 19418.2 0.0 %3.8 %
June 19418.4 2.4 %6.3 %
July 19418.5 1.2 %6.2 %
August 19418.6 1.2 %7.5 %
September 19418.7 1.2 %7.4 %
October 19418.7 0.0 %7.4 %
November 19418.8 1.1 %8.6 %
December 19418.7 -1.1 %
6.1 %
Annual CPI: 8.5
Annual Inflation Rate: 6.3%

 

 

 

 

 

What is the relation between CPI and Inflation Rate?

The Consumer Price Index (CPI) is used to measure Inflation rates. The formula is as follows:

inflationrateformula

CPI2 = Consumer Price Index of the second period
CPI1 = Consumer Price Index of the initial period

Notice an error in these tables?

We do our best to ensure the data is accurate and up to date. However, if one of these numbers seem wrong, please contact us and we will fix it as quickly as possible. Keep in mind that we extract the Consumer Price Index and Inflation Rates on a monthly basis from Statistics Canada’s databases.