1947 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 1947. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 19479.7 0.0 %5.4 %
February 19479.7 0.0 %5.4 %
March 19479.8 1.0 %6.5 %
April 19479.9 1.0 %7.6 %
May 194710.1 2.0 %9.8 %
June 194710.2 1.0 %8.5 %
July 194710.3 1.0 %8.4 %
August 194710.3 0.0 %7.3 %
September 194710.6 2.9 %10.4 %
October 194710.8 1.9 %11.3 %
November 194710.9 0.9 %12.4 %
December 194711.1
1.8 %
14.4 %
Annual CPI: 10.3
Annual Inflation Rate: 9.6%

 

 

 

 

 

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.