Canada Inflation Rate in 1948
Inflation rate in Canada was 9.01% in 1948. That is 5.42 less than it was in the preceding 1947 and 8.18% more than in the following year of 1949.
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, % | 0.90 | 1.79 | 0.00 | 0.88 | 0.87 | 1.72 | 0.00 | 0.85 | 1.68 | 0.00 | 0.00 | 0.00 | 9.01 |
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), % | 15.46 | 17.53 | 16.33 | 16.16 | 14.85 | 15.69 | 14.56 | 15.53 | 14.15 | 12.04 | 11.01 | 9.01 | 9.01 |
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), % | 0.90 | 2.70 | 2.70 | 3.60 | 4.50 | 6.31 | 6.31 | 7.21 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 |
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