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Inflation (1913-1920)

Despite price controls and the rationing system for the production and distribution of supplies, overall material scarcity led to alarming price inflation. This table illustrates the scale of wartime inflation.

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Year

Dollar Course

Cost of Foodstuffs Index (Cawler)

Wholesale Prices

Cost of Living Index
(Federal Statistical Office /G. Bry)

1913

100

100

100

100

1914

102

101

105

103

1915

116

143

142

129

1916

132

198

152

170

1917

157

213

179

253

1918

143

229

217

313

1919

470

326

415

415

1920

1,500

953

1486

1020



Source: Jürgen Kocka, Klassengesellschaft im Krieg: Deutsche Sozialgeschichte 1914-1918 [Class Society in Wartime: German Social History, 1914-1918]. Göttingen, 1973, p. 17.

Translation: Jeffrey Verhey

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