Historical Year Data · 1981

Canada CPI Inflation (WEO) in 1981

Canada CPI Inflation (WEO) opened 1981 at 12.47% and closed at 12.47%, a +0.00% move for the year. The high of 12.47% was reached on December 31, and the low of 12.47% on December 31.

Open

12.47%

1981-01

12.47%

1 data points

High

12.47%

Dec 31

Low

12.47%

Dec 31

Full Year Change

+0.00%

1980 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Dec	12.47%	12.47%	12.47%	12.47%	+0.00%

Events During 1981

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

Previous Year

← Canada CPI Inflation (WEO) in 1980

Next Year

Canada CPI Inflation (WEO) in 1982→