Canada Inflation Rate in 1988
Inflation rate in Canada was 3.88% in 1988. That is 0.31 less than it was in the preceding 1987 and 1.38% less than in the following year of 1989.
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Month to month, % | 0.14 | 0.43 | 0.57 | 0.28 | 0.57 | 0.28 | 0.56 | 0.14 | 0.14 | 0.56 | 0.14 | 0.00 | 3.88 |
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year over year (12 months), % | 4.03 | 4.01 | 4.30 | 3.98 | 3.95 | 3.94 | 3.92 | 3.91 | 4.06 | 4.34 | 4.03 | 3.88 | 3.88 |
Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Progressive (year to date), % | 0.14 | 0.57 | 1.15 | 1.44 | 2.01 | 2.30 | 2.87 | 3.02 | 3.16 | 3.74 | 3.88 | 3.88 | 3.88 |
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