Canadian inflation rate in 1933: -2.74%

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Canadian Inflation Rate, 1933-2017 (CA$1)

The consumer price index (CPI) in 1933 was 7.1. 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 3.53% per year. Prices in 2017 are 1736.6% higher than prices in 1933.

In other words, CA$1 in the year 1933 is equivalent to CA$18.37 in 2017, a difference of CA$17.37 over 84 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 1933 to 2017
Cumulative price change 1736.62%
Average inflation rate 3.53%
Price difference (CA$1 base) CA$17.37
CPI in 1933 7.1
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1933

Start with the inflation rate formula:

CPI in 2017 / CPI in 1933 * 1933 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.1 in the year 1933 and 130.4 in 2017:

130.4 / 7.1 * CA$1 = CA$18.37

CA$1 in 1933 has the same "purchasing power" as CA$18.37 in 2017.


News headlines from 1933

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

  • Coining of the name "Pakistan" by Choudhry Rahmat Ali, this is later accepted by Muslims in the Indian sub-continent who use it to push for a separate Muslim homeland in South Asia.
  • Adolf Hitler is appointed Reich Chancellor of Germany by President Paul von Hindenburg.
  • Franklin D. Roosevelt is inaugurated President of the United States .
  • The first Nazi concentration camp, Dachau, is completed
  • The Nazi party is declared the only political party in Germany.

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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