Inflation Canada 1982

Average inflation: 10.8%

Inflation in 1982

Inflation is very high at 10.8%, far above the ECB target.

Peak and Trough

The highest inflation was in May at 11.9%. The lowest inflation was in December at 9.3%.

Highest month
May: 11.9%
Lowest month
December: 9.3%
Difference
2.6 percentage points
Months with data
12 of 12

Historical Context

Inflation is around the 5-year average of 10.3%.

5-year average
10.3%
10-year average
9.6%
All-time high (1981)
12.5%
All-time low (1963)
1.6%

Trend

Over the period 1980-1982, inflation has remained relatively stable. Compared to 1981, inflation has fallen by 1.7 percentage points.

Change vs. previous year
-1.7 percentage points
Largest monthly swing
October: -2.8 percentage points

ECB Target

Inflation is 8.8 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for CA$100 this year will cost approximately CA$110.80 next year at this inflation rate.

Multi-year trend

Monthly figures 1982

Inflation by category

Food and non-alcoholic beverages
6.4%
-4.4 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1981
January 11.3% -0.9
February 11.4% -0.7
March 11.5% -1.2
April 11.4% -1.2
May 11.9% -0.3
June 11.3% -1.5
July 11.0% -1.9
August 10.5% -2.0
September 10.3% -2.4
October 10.0% -2.8
November 9.7% -2.5
December 9.3% -2.8
Average 10.8%

Data source

Data from OECD. Last updated: 17/12/2025.

See also