According to Statistics Canada, the dollar experienced an average inflation rate of 2.62% per year. Prices in 2012 are 982.1% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$1,082.14 in 2012, a difference of CA$982.14 over 92 years.
The inflation rate in 2012 was 0.83%.
|Cumulative price change||982.14%|
|Average inflation rate||2.62%|
|Price difference (CA$100 base)||CA$982.14|
|CPI in 1920||11.2|
|CPI in 2012||121.2|
Politics and news often play an important role in economic performance.