2008 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 2008. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 2008111.90.12.1
February 2008112.40.42.1
March 2008112.90.41.9
April 2008113.60.62.3
May 2008114.50.82.8
June 2008115.40.83.1
July 2008116.30.84.2
August 2008115.8-0.44.2
September 2008116.20.34.6
October 2008115.1-0.93.5
November 2008114.3-0.72.4
December 2008113.1-11.2
ANNUAL114.2916666666670.293.08
Annual CPI: 114.29
Annual Inflation Rate: 3.08%

 

 

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.