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 0.06% 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:
|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:
|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:
|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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