According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.46% per year. Prices in 1988 are 694.5% higher than prices in 1927.
In other words, CA$100 in the year 1927 is equivalent in purchasing power to CA$794.51 in 1988, a difference of CA$694.51 over 61 years.
The inflation rate in 1988 was 3.88%.
|Cumulative price change||694.51%|
|Average inflation rate||3.46%|
|Price difference (CA$100 base)||CA$694.51|
|CPI in 1927||9.1|
|CPI in 1988||72.3|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1927 dollars in 1988 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1927-CAD-in-1988.