Purchasing power increased by 1.08% in 1926 compared to the previous year, 1925. On average, you would have to spend 1.08% less money in 1926 than in 1925 for the same item. This is an example of deflation.
In other words, CA$100 in 1925 is equivalent in purchasing power to CA$98.92 in 1926.
The 1925 inflation rate was 2.20%. The inflation rate in 1926 was -1.08%. The 1926 inflation rate is lower compared to the average inflation rate of 2.95% per year between 1926 and 2018.
Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1926 was 9.2. It was 9.3 in the previous year, 1925. The difference in CPI between the years is used by Statistics Canada to officially determine inflation. Because the 1926 CPI is less than 1925 CPI, negative inflation (also known as deflation) has occurred.
|Average inflation rate||-1.08%|
|Converted amount (CA$100 base)||CA$98.92|
|Price difference (CA$100 base)||CA$-1.08|
|CPI in 1925||9.3|
|CPI in 1926||9.2|
|Inflation in 1925||2.20%|
|Inflation in 1926||-1.08%|
This inflation calculator uses the following inflation rate formula:
Then plug in historical CPI values. The Canadian CPI was 9.3 in the year 1925 and 9.2 in 1926:
CA$100 in 1925 has the same "purchasing power" or "buying power" as CA$98.92 in 1926.
To get the total inflation rate for the 1 years between 1925 and 1926, we use the following formula:
Plugging in the values to this equation, we get:
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: “Inflation Rate in 1926 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Oct. 2018, https://www.officialdata.org/CAD-inflation-rate-in-1926.
in2013dollars.com is a reference website maintained by the Official Data Foundation.