Canada Inflation Rate in 1997
Inflation rate in Canada was 0.78% in 1997. That is 1.38 less than it was in the preceding 1996 and 0.22% less than in the following year of 1998.
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, % | 0.22 | 0.22 | 0.11 | 0.00 | 0.11 | 0.22 | 0.00 | 0.11 | 0.00 | 0.00 | -0.11 | -0.11 | 0.78 |
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), % | 2.16 | 2.27 | 1.92 | 1.69 | 1.46 | 1.69 | 1.69 | 1.80 | 1.68 | 1.46 | 0.89 | 0.78 | 0.78 |
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), % | 0.22 | 0.45 | 0.56 | 0.56 | 0.67 | 0.89 | 0.89 | 1.00 | 1.00 | 1.00 | 0.89 | 0.78 | 0.78 |
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