Canadian inflation rate in 1915: 3.28%

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Canadian Inflation Rate, 1915-2017 (CA$1)

The consumer price index (CPI) in 1915 was 6.3. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada, the dollar experienced an average inflation rate of 3.02% per year. Prices in 2017 are 1969.8% higher than prices in 1915.

In other words, CA$1 in the year 1915 is equivalent to CA$20.70 in 2017, a difference of CA$19.70 over 102 years.

The current inflation rate in 2017 is 1.56%1. If this number holds, CA$1 today will be equivalent to CA$1.02 next year.

Inflation from 1915 to 2017
Cumulative price change 1969.84%
Average inflation rate 3.02%
Price difference (CA$1 base) CA$19.70
CPI in 1915 6.3
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1915

Start with the inflation rate formula:

CPI in 2017 / CPI in 1915 * 1915 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 6.3 in the year 1915 and 130.4 in 2017:

130.4 / 6.3 * CA$1 = CA$20.70

CA$1 in 1915 has the same "purchasing power" as CA$20.70 in 2017.


News headlines from 1915

Politics and news often play an important role in economic performance.

  • French troops force Germans back into the Champagne region suffering losses of 50,000 men and gaining several hundred yards.
  • Germany uses poison gas for the first time in WWI.
  • Almost 430,000 French, British and Germans are killed in the Battle of Loos.
  • The one-millionth Model T is produced by Ford Motor Company.

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).


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