1997 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 1997. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 199789.90.22 %2.16 %
February 199790.10.22 %2.27 %
March 199790.20.11 %1.92 %
April 199790.20.00 %1.69 %
May 199790.3 0.11 %1.46 %
June 199790.5 0.22 %1.69 %
July 199790.50.00 %1.69 %
August 199790.60.11 %1.80 %
September 199790.6 0.00 %1.68 %
October 199790.6 0.00 %1.46 %
November 199790.5-0.11 %0.89 %
December 199790.4-0.11 %0.78 %
Annual CPI: 90.4
Annual Inflation Rate: 1.7%

 

 

 

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.