# Canadian inflation rate in 2010: 2.35%

CA\$

### Inflation since 2010 and its effect on dollar value

The consumer price index (CPI) in 2010 was 117.5. It was 114.8 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 1.59% per year. Prices in 2018 are 13.4% higher than prices in 2010.

In other words, CA\$100 in 2010 is equivalent in purchasing power to CA\$113.45 in 2018, a difference of CA\$13.45 over 8 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.

 Cumulative price change 13.45% Average inflation rate 1.59% Converted amount (CA\$100 base) CA\$113.45 Price difference (CA\$100 base) CA\$13.45 CPI in 2010 117.5 CPI in 2018 133.3

### How to calculate the inflation rate for CA\$100 since 2010

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 2010 * 2010 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 117.5 in the year 2010 and 133.3 in 2018:

133.3 / 117.5 * CA\$100 = CA\$113.45

CA\$100 in 2010 has the same "purchasing power" or "buying power" as CA\$113.45 in 2018.

Here are calculations of buying power over time for CA\$100 in 2010 (price index tracking began in 1914). Each of these CAD amounts below is equivalent in terms of what it could buy at the time:
2010 CA\$100.00 2.35%
2011 CA\$102.30 2.30%
2012 CA\$103.15 0.83%
2013 CA\$104.43 1.24%
2014 CA\$105.96 1.47%
2015 CA\$107.66 1.61%
2016 CA\$109.28 1.50%
2017 CA\$110.98 1.56%
2018 CA\$113.45 2.22%*
* Not final. See inflation summary for latest details.

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

• The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
• Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
• An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
• The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

### 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 2010 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Jun. 2018, https://www.officialdata.org/CAD-inflation-rate-in-2010.