According to Statistics Canada, the dollar experienced an average inflation rate of 2.85% per year. Prices in 1992 are 656.3% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$756.25 in 1992, a difference of CA$656.25 over 72 years.
The inflation rate in 1992 was 2.17%.
|Cumulative price change||656.25%|
|Average inflation rate||2.85%|
|Price difference (CA$100 base)||CA$656.25|
|CPI in 1920||11.2|
|CPI in 1992||84.7|
Politics and news often play an important role in economic performance.