1979 CPI and Inflation Rate for Prince Edward Island

This table shows the Monthly All-Items Consumer Price Index (CPI-U) and Annual Inflation Rates for Newfoundland in 1979. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 197940.30.5...
February 197940.60.7...
March 197941.11.2...
April 197941.30.5...
May 197941.60.7...
June 197941.90.7...
July 197942.20.7...
August 197942.50.7...
September 197942.80.78.9
October 197943.31.28.8
November 197943.40.28.8
December 197943.70.79
ANNUAL42.05833333333330.768.85
Annual CPI: 42.06
Annual Inflation Rate: 8.85%

 

 

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.