1923 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 1923. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 19239.2 0.0 %-2.1 %
February 19239.2 0.0 %-1.1 %
March 19239.3 1.1 %1.1 %
April 19239.2 -1.1 %0.0 %
May 19239.2 0.0 %1.1 %
June 19239.2 0.0 %1.1 %
July 19239.1-1.1 %0.0 %
August 19239.2 1.1 %0.0 %
September 19239.2 0.0 %0.0 %
October 19239.2 0.0 %0.0 %
November 19239.2 0.0 %0.0 %
December 19239.2 0.0 %0.0 %
Annual CPI: 9.2
Annual Inflation Rate: 0.0%
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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.