1996 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 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 199689.40.41.4
February 199689.60.21.2
March 199689.5-0.10.8
April 199690.10.71.1
May 199690.50.41.3
June 199690.501.3
July 199690.4-0.11.1
August 199690.50.11.6
September 199690.80.32
October 199691.30.62.2
November 199691.40.12.2
December 199691.2-0.22.5
ANNUAL90.430.251.4
Annual CPI: 90.43
Annual Inflation Rate: 1.4%

 

 

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.