Canadian inflation rate in 1932: -7.59%

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Canadian Inflation Rate, 1932-2017 (CA$1)

The consumer price index (CPI) in 1932 was 7.3. 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 3.45% per year. Prices in 2017 are 1686.3% higher than prices in 1932.

In other words, CA$1 in the year 1932 is equivalent to CA$17.86 in 2017, a difference of CA$16.86 over 85 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 1932 to 2017
Cumulative price change 1686.30%
Average inflation rate 3.45%
Price difference (CA$1 base) CA$16.86
CPI in 1932 7.3
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1932

Start with the inflation rate formula:

CPI in 2017 / CPI in 1932 * 1932 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.3 in the year 1932 and 130.4 in 2017:

130.4 / 7.3 * CA$1 = CA$17.86

CA$1 in 1932 has the same "purchasing power" as CA$17.86 in 2017.


News headlines from 1932

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

  • Opening of the Sydney Harbour Bridge
  • The first female transatlantic solo flight is completed by Amelia Earhart.
  • The British Broadcasting Corporation begins overseas transmission.

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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