2016 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 2016. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.


MonthCPIMonthly Inflation RateYearly Inflation Rate
January 2016129.20.52.4
February 2016129.60.31.6
March 2016130.30.51.1
April 2016130.90.52
May 2016131.50.51.5
June 20161331.12.4
July 2016134.20.93.4
August 2016133.9-0.23
September 2016134.50.43.8
October 2016134.90.34
November 2016134-0.73.6
December 2016133.9-0.14.1
Annual CPI: 132.49
Annual Inflation Rate: 2.52%



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:


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.