Canada Inflation Rate in 1978
Inflation rate in Canada was 8.60% in 1978. That is 0.81 less than it was in the preceding 1977 and 1.17% less than in the following year of 1979.
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, % | 0.57 | 0.85 | 0.85 | 0.28 | 1.40 | 0.83 | 1.37 | 0.27 | -0.27 | 1.35 | 0.53 | 0.26 | 8.60 |
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), % | 9.01 | 9.26 | 8.84 | 8.48 | 8.68 | 9.25 | 9.44 | 9.73 | 8.48 | 8.99 | 8.93 | 8.60 | 8.60 |
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), % | 0.57 | 1.43 | 2.29 | 2.58 | 4.01 | 4.87 | 6.30 | 6.59 | 6.30 | 7.74 | 8.31 | 8.60 | 8.60 |
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