# U.S. inflation rate in 1637: -14.09%

\$

## Inflation in 1637 and its effect on dollar value

Purchasing power increased by 14.09% in 1637 compared to 1636. On average, you would have to spend 14.09% less money in 1637 than in 1636 for the same item. This is an example of deflation.

In other words, \$1 in 1636 is equivalent in purchasing power to about \$0.86 in 1637.

The 1636 inflation rate was 79.52%. The inflation rate in 1637 was -14.09%. The 1637 inflation rate is lower compared to the average inflation rate of 0.79% per year between 1637 and 2020.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1637 was 12.80. It was 14.90 in the previous year, 1636. The difference in CPI between the years is used by the Bureau of Labor Statistics to officially determine inflation. Because the 1637 CPI is less than 1636 CPI, negative inflation (also known as deflation) has occurred.

 Average inflation rate -14.09% Converted amount (\$1 base) \$0.86 Price difference (\$1 base) \$-0.14 CPI in 1636 14.900 CPI in 1637 12.800 Inflation in 1636 79.52% Inflation in 1637 -14.09%

USD Inflation since 1635
Annual Rate, the Bureau of Labor Statistics CPI

## How to Calculate Inflation Rate for \$1, 1636 to 1637

Our calculations use the following inflation rate formula to calculate the change in value between 1636 and 1637:

CPI in 1637 CPI in 1636
×
1636 USD value
=
1637 USD value

Then plug in historical CPI values. The U.S. CPI was 14.9 in the year 1636 and 12.8 in 1637:

12.814.9
×
\$1
=
\$0.86

\$1 in 1636 has the same "purchasing power" or "buying power" as \$0.86 in 1637.

To get the total inflation rate for the 1 years between 1636 and 1637, we use the following formula:

CPI in 1637 - CPI in 1636CPI in 1636
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

12.8 - 14.914.9
×
100
=
-14%

## Data Source & Citation

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “Inflation Rate in 1637 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 22 Sep. 2020, https://www.officialdata.org/inflation-rate-in-1637.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

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