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# Canadian inflation rate in 1952: -1.40%

### Inflation in 1952 and Its Effect on Dollar Value

Purchasing power increased by 1.40% in 1952 compared to 1951. On average, you would have to spend 1.40% less money in 1952 than in 1951 for the same item. This is an example of deflation.

In other words, \$1 in 1951 is equivalent in purchasing power to about \$0.99 in 1952.

The 1951 inflation rate was 10.85%. The inflation rate in 1952 was -1.40%. The 1952 inflation rate is lower compared to the average inflation rate of 3.39% per year between 1952 and 2020.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1952 was 14.10. It was 14.30 in the previous year, 1951. The difference in CPI between the years is used by Statistics Canada to officially determine inflation. Because the 1952 CPI is less than 1951 CPI, negative inflation (also known as deflation) has occurred.

 Average inflation rate -1.40% Converted amount (\$1 base) \$0.99 Price difference (\$1 base) \$-0.01 CPI in 1951 14.300 CPI in 1952 14.100 Inflation in 1951 10.85% Inflation in 1952 -1.40%

CAD Inflation since 1914
Annual Rate, Statistics Canada CPI

### How to Calculate Inflation Rate for \$1, 1951 to 1952

This inflation calculator uses the following inflation rate formula:

CPI in 1952CPI in 1951
×
=

Then plug in historical CPI values. The Canadian CPI was 14.3 in the year 1951 and 14.1 in 1952:

14.114.3
×
\$1
=
\$0.99

\$1 in 1951 has the same "purchasing power" or "buying power" as \$0.99 in 1952.

To get the total inflation rate for the 1 years between 1951 and 1952, we use the following formula:

CPI in 1952 - CPI in 1951CPI in 1951
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

14.1 - 14.314.3
×
100
=
-1%

### News headlines from 1951

Politics and news often influence economic performance. Here's what was happening at the time:

• Stalin's announces that the USSR has developed an atomic bomb.
• Luis Miramontes, a Mexican chemist, successfully synthesises the first oral contraceptive.
• The first underground atomic explosion happens at Frenchman Flat, Nevada.

### Data Source & Citation

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “Inflation Rate in 1952 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Jan. 2020, https://www.officialdata.org/CAD-inflation-rate-in-1952.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

#### About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

 Average inflation rate -1.40% Converted amount (\$1 base) \$0.99 Price difference (\$1 base) \$-0.01 CPI in 1951 14.300 CPI in 1952 14.100 Inflation in 1951 10.85% Inflation in 1952 -1.40%