U.S. inflation rate in 1658: -35.00%

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U.S. inflation rate in 1658: -35.00%

Inflation in 1658 and Its Effect on Dollar Value

Purchasing power increased by 35.00% in 1658 compared to 1657. On average, you would have to spend 35.00% less money in 1658 than in 1657 for the same item. This is an example of deflation.

In other words, $1 in 1657 is equivalent in purchasing power to about $0.65 in 1658.

The 1657 inflation rate was -18.92%. The inflation rate in 1658 was -35.00%. The 1658 inflation rate is lower compared to the average inflation rate of 1.17% per year between 1658 and 2019.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1658 was 3.90. It was 6.00 in the previous year, 1657. The difference in CPI between the years is used by the Bureau of Labor Statistics to officially determine inflation. Because the 1658 CPI is less than 1657 CPI, negative inflation (also known as deflation) has occurred.


Inflation from 1657 to 1658
Average inflation rate -35.00%
Converted amount ($1 base) $0.65
Price difference ($1 base) $-0.35
CPI in 1657 6.000
CPI in 1658 3.900
Inflation in 1657 -18.92%
Inflation in 1658 -35.00%

U.S. inflation chart since 1665


Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 1657 and 1658.

Compare these values to the overall average of -35.00% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1657 → 1658
Food and beverages 0.00 0.00 1.00
Housing 0.00 0.00 1.00
Apparel 0.00 0.00 1.00
Transportation 0.00 0.00 1.00
Medical care 0.00 0.00 1.00
Recreation 0.00 0.00 1.00
Education and communication 0.00 0.00 1.00
Other goods and services 0.00 0.00 1.00

For all these visualizations, it's important to note that not all categories may have been tracked since 1657. This table and charts use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1657 to 1658

This inflation calculator uses the following inflation rate formula:

CPI in 1658CPI in 1657
×
1657 USD value
=
1658 USD value

Then plug in historical CPI values. The U.S. CPI was 6 in the year 1657 and 3.9 in 1658:

3.96
×
$1
=
$0.65

$1 in 1657 has the same "purchasing power" or "buying power" as $0.65 in 1658.

To get the total inflation rate for the 1 years between 1657 and 1658, we use the following formula:

CPI in 1658 - CPI in 1657CPI in 1657
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

3.9 - 66
×
100
=
-35%

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 1658 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 7 Dec. 2019, https://www.officialdata.org/inflation-rate-in-1658.

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.

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Inflation from 1657 to 1658
Average inflation rate -35.00%
Converted amount ($1 base) $0.65
Price difference ($1 base) $-0.35
CPI in 1657 6.000
CPI in 1658 3.900
Inflation in 1657 -18.92%
Inflation in 1658 -35.00%