1924 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 1924. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 19249.2 0.0 %0.0 %
February 19249.2 0.0 %0.0 %
March 19249.2 0.0 %-1.1 %
April 19249.0 -2.2 %-2.2 %
May 19248.9 -1.1 %-3.3 %
June 19248.8 -1.1 %-4.3 %
July 19248.8 0.0 %-3.3 %
August 19249.0 2.3 %-2.2 %
September 19249.0 0.0 %-2.2 %
October 19249.0 0.0 %-2.2 %
November 19249.1 1.1 %-1.1 %
December 19249.1 0.0 %-1.1 %
Annual CPI: 9.0
Annual Inflation Rate: -2.2%

 

 

 

 

 

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.