According to Statistics Canada, the dollar experienced an average inflation rate of 3.30% per year. Prices in 1992 are 1076.4% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent to CA$1,176.39 in 1992, a difference of CA$1,076.39 over 76 years.
The inflation rate in 1992 was 2.17%.
|Cumulative price change||1076.39%|
|Average inflation rate||3.30%|
|Price difference (CA$100 base)||CA$1,076.39|
|CPI in 1916||7.2|
|CPI in 1992||84.7|
Politics and news often play an important role in economic performance.