2020 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 2020. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.


MonthCPIMonthly Inflation RateYearly Inflation Rate
January 20201400.32.2
February 2020140.30.21.7
March 2020139.2-0.80.1
April 2020137.6-1.1-1.5
May 2020138.20.4-1.3
June 2020139.50.90.1
July 2020139.60.1-0.4
August 2020139.1-0.4-0.6
September 2020139.40.20.3
October 2020140.50.80.6
November 20201410.40.8
December 2020140.4-0.40.6
Annual CPI: 139.56
Annual Inflation Rate: 0.12%



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.