According to Statistics Canada, the dollar experienced an average inflation rate of 3.14% per year. Prices in 1992 are 801.1% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$901.06 in 1992, a difference of CA$801.06 over 71 years.
The inflation rate in 1992 was 2.17%.
|Cumulative price change||801.06%|
|Average inflation rate||3.14%|
|Price difference (CA$100 base)||CA$801.06|
|CPI in 1921||9.4|
|CPI in 1992||84.7|
Politics and news often play an important role in economic performance.