INFLATION TIMELINE
aamir siddiqui
Created on October 24, 2022
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Transcript
Timeline of Inflation rates(2019-2022)
2019
During this year the inflation rate was 1.95%
2021
During this year the inflation rate was 3.40%
2020
During this year the inflation rate was 0.72%
2022
During this year the inflation rate was 7.20%
During the summer of 2019, gasoline and diesel prices averaged $1.26 per litre and $1.22 per litre, respectively.
the average price of gasoline in Canada has increased by 15.2% from $1.392 on December 7th, 2021 to $1.603.
Data from the Industrial Product Price Index (IPPI) reveals that prices for lumber and other wood products increased 56.2%, on a year-over-year basis, in February 2021
Based on data from June 2020, Canadians averaged about 102.9 cents per litre, which ranks among the lowest gas prices at the time.