2007 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 2007. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 2007109.40.00 %1.11 %
February 2007110.2 0.73 %2.04 %
March 2007111.1 0.82 %2.30 %
April 2007111.6 0.45 %2.20 %
May 2007112.1 0.45 %2.19 %
June 2007111.9-0.18 %2.19 %
July 2007112.0 0.09 %2.19 %
August 2007111.7-0.27 %1.73 %
September 2007111.90.18 %2.47 %
October 2007111.6-0.27 %2.39 %
November 2007111.90.27 %2.47 %
December 2007112.00.09 %2.38 %
Annual CPI: 111.5
Annual Inflation Rate: 2.2%

 

 

 

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.