1942 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 1942. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 19428.7 0.0 %6.1 %
February 19428.7 0.0 %6.1 %
March 19428.8 1.1 %7.3 %
April 19428.8 0.0 %7.3 %
May 19428.8 0.0 %7.3 %
June 19428.8 0.0 %4.8 %
July 19428.9 1.1 %4.7 %
August 19428.9 0.0 %3.5 %
September 19428.8 -1.1 %1.1 %
October 19428.9 1.1 %2.3 %
November 19429.0 1.1 %2.3 %
December 19429.0 0.0 %3.4 %
Annual CPI: 8.8
Annual Inflation Rate: 3.5%

 

 

 

 

 

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.