Canada Inflation Rate in 2016
Inflation rate in Canada was 1.50% in 2016. That is 0.10 less than it was in the preceding 2015 and 0.37% less than in the following year of 2017.
In 2016 Canada ranked #6 in the world by yearly inflation rate.
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, % | 0.24 | 0.24 | 0.63 | 0.31 | 0.39 | 0.23 | -0.15 | -0.16 | 0.08 | 0.23 | -0.39 | -0.16 | 1.50 |
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), % | 2.01 | 1.36 | 1.27 | 1.66 | 1.50 | 1.49 | 1.26 | 1.10 | 1.34 | 1.49 | 1.18 | 1.50 | 1.50 |
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), % | 0.24 | 0.47 | 1.11 | 1.42 | 1.82 | 2.06 | 1.90 | 1.74 | 1.82 | 2.06 | 1.66 | 1.50 | 1.50 |
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