1996 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 1996. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 199688.00.23 %1.62 %
February 199688.10.11 %1.26 %
March 199688.5 0.45 %1.49 %
April 199688.7 0.23 %1.37 %
May 199689.0 0.34 %1.48 %
June 199689.00.00 %1.48 %
July 199689.00.00 %1.25 %
August 199689.00.00 %1.48 %
September 199689.10.11 %1.48 %
October 199689.3 0.22 %1.82 %
November 199689.70.45 %1.93 %
December 199689.70.00 %2.16 %
ANNUAL88.9 0.18 %1.5 %
Annual CPI: 88.9
Annual Inflation Rate: 1.5%

 

 

 

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.