2014 CPI and Inflation Rate for Quebec

This table shows the Monthly All-Items Consumer Price Index (CPI-U) and Annual Inflation Rates for Quebec 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 2014121.70.2 %1.5 %
February 2014122.60.7 %1.1 %
March 2014122.90.2 %1.5 %
April 2014123.40.4 %2.0 %
May 2014123.80.3 %2.3 %
June 2014123.90.1 %2.4 %
July 2014123.7 -0.2 %2.1 %
August 2014123.8 0.1 %2.1 %
September 2014123.9 0.1 %2.0 %
October 2014124.3
0.3 %2.4 %
November 2014123.8-0.4 %1.6 %
December 2014122.8-0.8%1.1%
Annual CPI (avg): 123.4
Annual Inflation Rat (avg): 1.4%

 

 

 

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.