1994 CPI and Inflation Rate for Newfoundland

This table shows the Monthly All-Items Consumer Price Index (CPI-U) and Annual Inflation Rates for Newfoundland in 1994. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.


MonthCPIMonthly Inflation RateYearly Inflation Rate
January 199487.30.31.7
February 199487.2-0.11.2
March 199487.40.21.2
April 199487.50.11.5
May 199487.80.31.4
June 199487.801.3
July 199488.10.31.1
August 199488.20.11.1
September 199488-0.20.9
October 199487.8-0.20.8
November 199488.20.51.4
December 199488.201.4
Annual CPI: 87.79
Annual Inflation Rate: 1.22%



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:


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.