According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.18% per year. Prices in 1988 are 890.4% higher than prices in 1932.
In other words, CA$100 in the year 1932 is equivalent in purchasing power to CA$990.41 in 1988, a difference of CA$890.41 over 56 years.
The inflation rate in 1988 was 3.88%.
|Cumulative price change||890.41%|
|Average inflation rate||4.18%|
|Price difference (CA$100 base)||CA$890.41|
|CPI in 1932||7.3|
|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: “1932 dollars in 1988 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1932-CAD-in-1988.