Canadian inflation rate in 1981: 12.12%

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Canadian Inflation Rate, 1981-2018 (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 consumer price index, the dollar experienced an average inflation rate of 2.54% per year. Prices in 2018 are 152.7% higher than prices in 1981.

In other words, CA$1 in the year 1981 is equivalent in purchasing power to CA$2.53 in 2018, a difference of CA$1.53 over 37 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 1981 to 2018
Cumulative price change 152.70%
Average inflation rate 2.54%
Price difference (CA$1 base) CA$1.53
CPI in 1981 51.8
CPI in 2018 130.9


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 2018 / CPI in 1981 * 1981 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 51.8 in the year 1981 and 130.9 in 2018:

130.9 / 51.8 * CA$1 = CA$2.53

CA$1 in 1981 has the same "purchasing power" as CA$2.53 in 2018.


News headlines from 1981

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

  • 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

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 1981 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Jan. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-1981.


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