Canadian inflation rate in 1981: 12.12%

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Canadian Inflation Rate, 1981-2017 (CA$1)

The consumer price index (CPI) in 1981 was 51.8. 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 2.60% per year. Prices in 2017 are 151.7% higher than prices in 1981.

In other words, CA$1 in the year 1981 is equivalent to CA$2.52 in 2017, a difference of CA$1.52 over 36 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 1981 to 2017
Cumulative price change 151.74%
Average inflation rate 2.60%
Price difference (CA$1 base) CA$1.52
CPI in 1981 51.8
CPI in 2017 130.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$1 since 1981

Start with the inflation rate formula:

CPI in 2017 / CPI in 1981 * 1981 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 51.8 in the year 1981 and 130.4 in 2017:

130.4 / 51.8 * CA$1 = CA$2.52

CA$1 in 1981 has the same "purchasing power" as CA$2.52 in 2017.


News headlines from 1981

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

  • Ronald Reagan is inaugurated as the President of the United States.
  • IBM introduces its first PC - Personal Computer.
  • United States Center for Disease Control reports that pneumonia is affecting five homosexual men in Los Angeles, which marks the beginning of the AIDS epidemic.

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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