Canadian inflation rate in 1930: -6.38%

Canada Inflation Calculator


Canadian Inflation Rate, 1930-2017 (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, the dollar experienced an average inflation rate of 3.15% per year. Prices in 2017 are 1381.8% higher than prices in 1930.

In other words, CA$1 in the year 1930 is equivalent to CA$14.82 in 2017, a difference of CA$13.82 over 87 years.

The current inflation rate in 2017 is 1.56%1. If this number holds, CA$1 today will be equivalent to CA$1.02 next year.

Inflation from 1930 to 2017
Cumulative price change 1381.82%
Average inflation rate 3.15%
Price difference (CA$1 base) CA$13.82
CPI in 1930 8.8
CPI in 2017 130.4

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 2017 / CPI in 1930 * 1930 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.8 in the year 1930 and 130.4 in 2017:

130.4 / 8.8 * CA$1 = CA$14.82

The "purchasing power" of CA$1 from 1930 is CA$14.82 in 2017.

News headlines from 1930

Politics and news often play an important role in economic performance.

  • Mohandas Gandhi protests British salt tax by a 200-mile-long walk
  • Clyde Tombaugh discovers Pluto
  • Lawrence Hyland discovers the first radar by accident.
  • 1911 Vicenzo Perugia steals Leonardo da Vinci's masterpiece, the Mona Lisa. (Recovered in Florence in 1913).
  • Roald Amundsen's leads the first expedition to reach the South Pole.
  • An American explorer, called Hiram Bingham, discovers Machu Picchu.

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

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