2014 CPI and Inflation Rate for Ontario

This table shows the Monthly All-Items Consumer Price Index (CPI-U) and Annual Inflation Rates for Ontario in 2014. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 2014123.3 0.2 %1.6 %
February 2014124.61.1 %1.5 %
March 2014125.10.4 %1.5 %
April 2014125.90.6 %2.4 %
May 2014126.50.5 %2.8 %
June 2014126.90.3 %3.0 %
July 2014126.5-0.3 %2.5 %
August 2014126.50.0 %2.5 %
September 2014126.70.2 %2.6 %
October 2014126.80.1 %2.8 %
November 2014126.3-0.4 %2.4 %
December 2014125.4-0.7%1.9%
Annual CPI (avg): 125.9
Annual Inflation Rate (avg): 2.4%

 

 

 

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.