According to Statistics Canada consumer price index, prices in 1929 are 1.08% higher than average prices throughout 1925. The dollar experienced an average inflation rate of 0.27% per year during this period, meaning the real value of a dollar decreased.
In other words, $1 in 1925 is equivalent in purchasing power to about $1.01 in 1929, a difference of $0.01 over 4 years.
The 1925 inflation rate was 2.20%. The inflation rate in 1929 was 2.17%. The 1929 inflation rate is lower compared to the average inflation rate of 2.99% per year between 1929 and 2019.
Cumulative price change | 1.08% |
Average inflation rate | 0.27% |
Converted amount ($1 base) | $1.01 |
Price difference ($1 base) | $0.01 |
CPI in 1925 | 9.300 |
CPI in 1929 | 9.400 |
Inflation in 1925 | 2.20% |
Inflation in 1929 | 2.17% |
This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $1 in 1925 (price index tracking began in 1914).
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This inflation calculator uses the following inflation rate formula:
Then plug in historical CPI values. The Canadian CPI was 9.3 in the year 1925 and 9.4 in 1929:
$1 in 1925 has the same "purchasing power" or "buying power" as $1.01 in 1929.
To get the total inflation rate for the 4 years between 1925 and 1929, we use the following formula:
Plugging in the values to this equation, we get:
Politics and news often influence economic performance. Here's what was happening at the time:
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: “$1 in 1925 → 1929 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Dec. 2019, https://www.officialdata.org/1925-CAD-in-1929?amount=1.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Cumulative price change | 1.08% |
Average inflation rate | 0.27% |
Converted amount ($1 base) | $1.01 |
Price difference ($1 base) | $0.01 |
CPI in 1925 | 9.300 |
CPI in 1929 | 9.400 |
Inflation in 1925 | 2.20% |
Inflation in 1929 | 2.17% |