1998 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 1998. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 199892.50.50.8
February 199892.70.20.8
March 199892.4-0.3-0.3
April 199892.50.10.8
May 199892.4-0.10.4
June 199892.400.1
July 199892.70.30.1
August 199892.700.2
September 199891.8-1-1
October 199892.81.10.2
November 199892.7-0.10.3
December 199892.1-0.60.1
ANNUAL92.4750.080.21
Annual CPI: 92.47
Annual Inflation Rate: 0.21%

 

 

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.