Canadian inflation rate in 1995: 1.74%

Canada Inflation Calculator

CA$

Inflation since 1995 and its effect on dollar value

The consumer price index (CPI) in 1995 was 87.8. It was 86.3 in the previous year. This change in CPI is used by Statistics Canada to calculate inflation.

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 1.83% per year. Prices in 2018 are 51.8% higher than prices in 1995.

In other words, CA$100 in 1995 is equivalent in purchasing power to CA$151.82 in 2018, a difference of CA$51.82 over 23 years.

The current inflation rate is now 2.22%1. If this number holds, CA$100 today will be equivalent to CA$102.22 next year.

Inflation from 1995 to 2018
Cumulative price change 51.82%
Average inflation rate 1.83%
Converted amount (CA$100 base) CA$151.82
Price difference (CA$100 base) CA$51.82
CPI in 1995 87.8
CPI in 2018 133.3


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100 since 1995

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1995 * 1995 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 87.8 in the year 1995 and 133.3 in 2018:

133.3 / 87.8 * CA$100 = CA$151.82

CA$100 in 1995 has the same "purchasing power" or "buying power" as CA$151.82 in 2018.


Here are calculations of buying power over time for CA$100 in 1995 (price index tracking began in 1914). Each of these CAD amounts below is equivalent in terms of what it could buy at the time:
Year CAD Value Inflation Rate
1995 CA$100.00 1.74%
1996 CA$102.16 2.16%
1997 CA$102.96 0.78%
1998 CA$103.99 1.00%
1999 CA$106.72 2.63%
2000 CA$110.14 3.20%
2001 CA$110.93 0.72%
2002 CA$115.15 3.80%
2003 CA$117.54 2.08%
2004 CA$120.05 2.13%
2005 CA$122.55 2.09%
2006 CA$124.60 1.67%
2007 CA$127.56 2.38%
2008 CA$129.04 1.16%
2009 CA$130.75 1.32%
2010 CA$133.83 2.35%
2011 CA$136.90 2.30%
2012 CA$138.04 0.83%
2013 CA$139.75 1.24%
2014 CA$141.80 1.47%
2015 CA$144.08 1.61%
2016 CA$146.24 1.50%
2017 CA$148.52 1.56%
2018 CA$151.82 2.22%*
* Not final. See inflation summary for latest details.

News headlines from 1995

Politics and news often influence economic performance. Here's what was happening at the time:

  • Bosnian Serbs massacre over 7,000 Bosnian Muslims in Srebrenica.
  • Scientists discover the Hale-Bopp Comet; which later became visible to the naked eye.
  • Signing of the Dayton Agreement in Paris in order to end conflicts between former Yugoslavian republics
  • 170 countries agree to the unconditional and indefinite extending of the Nuclear Non-proliferation Treaty.
  • Austria, Finland and Sweden accede to the European Union.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “Inflation Rate in 1995 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Jun. 2018, https://www.officialdata.org/CAD-inflation-rate-in-1995.


» Read more about inflation.