Canada Inflation Rate 1970s

Consumer price inflation, annual % · World Bank
7.38% decade average (1970-1979)

Canada's inflation rate during the 1970s ranged from 2.70% (1971) to 11.00% (1974), averaging 7.38% over 10 years of data.

1970s Data
YearValueChangeRank
1970 3.35% −1.22pp 33rd
1971 2.70% −0.64pp 22nd
1972 4.99% +2.28pp 31st
1973 7.49% +2.50pp 26th
1974 11.00% +3.51pp 18th
1975 10.67% −0.32pp 38th
1976 7.54% −3.13pp 38th
1977 7.98% +0.43pp 26th
1978 8.97% +1.00pp 56th
1979 9.14% +0.17pp 41st