2018 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 2018. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

 

MonthCPIMonthly Inflation RateYearly Inflation Rate
January 20191370.10.1
February 20191380.70.5
March 2019139.10.81.2
April 2019139.70.41.5
May 20191400.21.6
June 2019139.4-0.40.9
July 2019140.10.50.7
August 2019139.9-0.10.7
September 2019139-0.60.5
October 2019139.70.50.5
November 2019139.90.11.5
December 2019139.6-0.22
ANNUAL139.2833333333330.210.82
Annual CPI: 137.93
Annual Inflation Rate: 1.87%

 

 

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.