Canadian inflation rate in 1930: -6.38%

Canada Inflation Calculator


Canadian Inflation Rate, 1930-2018 (CA$1)

The consumer price index (CPI) in 1930 was 8.8. Statistics Canada uses this CPI value to track inflation on a monthly basis.

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.12% per year. Prices in 2018 are 1387.5% higher than prices in 1930.

In other words, CA$1 in the year 1930 is equivalent in purchasing power to CA$14.88 in 2018, a difference of CA$13.88 over 88 years.

The current inflation rate in 2018 is 0.38%1. If this number holds, CA$1 today will be equivalent to CA$1.00 next year.

Inflation from 1930 to 2018
Cumulative price change 1387.50%
Average inflation rate 3.12%
Price difference (CA$1 base) CA$13.88
CPI in 1930 8.8
CPI in 2018 130.9

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$1 since 1930

Start with the inflation rate formula:

CPI in 2018 / CPI in 1930 * 1930 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.8 in the year 1930 and 130.9 in 2018:

130.9 / 8.8 * CA$1 = CA$14.88

CA$1 in 1930 has the same "purchasing power" as CA$14.88 in 2018.

News headlines from 1930

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

  • Mohandas Gandhi protests British salt tax by a 200-mile-long walk.
  • Clyde Tombaugh discovers Pluto.
  • Lawrence Hyland discovers the first radar by accident.
  • Roald Amundsen's leads the first expedition to reach the South Pole.
  • American explorer Hiram Bingham discovers Machu Picchu.

Inflation Data Source

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 1930 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018,

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