Inflation curves or Consumer Price Index (CPI) curves are the term structures of CPI rates at different maturities. They are essential for pricing inflation securities and derivatives.
The most popular inflation products are inflation linked bonds, zero coupon inflation swaps, inflation swaps, and inflation caps/floors.
Unfortunately forward CPI rates are not market observable. But they can be derived/implied from inflation instruments.
FinPricing bootstraps inflation curve from a number of inflation instruments that are the most liquid inflation products at certain maturities.
According to our latest research, the global smart tire inflation cap market size reached USD 1.27 billion in 2024, with a robust year-on-year growth rate supported by rising adoption of connected vehicle technologies. The market is projected to register a CAGR of 9.2% from 2025 to 2033, reaching an estimated USD 2.89 billion by 2033. The primary growth driver for this market is the increasing focus on road safety, fuel efficiency, and preventive vehicle maintenance, which is encouraging both individual consumers and fleet operators to invest in advanced tire management solutions.
The rapid growth of the smart tire inflation cap market is primarily attributed to the escalating demand for real-time tire pressure monitoring and automated tire maintenance. As automotive manufacturers and aftermarket players increasingly integrate smart technologies into vehicle components, tire inflation caps equipped with Bluetooth connectivity, pressure sensors, and solar power capabilities are gaining considerable traction. These innovations not only improve driving safety by reducing the risk of tire blowouts and accidents but also contribute to enhanced fuel economy and lower carbon emissions, aligning with global sustainability goals. Furthermore, stricter government regulations related to vehicle safety and emission standards are compelling both OEMs and consumers to adopt advanced tire management systems, thereby accelerating market expansion.
Another significant growth factor for the smart tire inflation cap market is the proliferation of connected and autonomous vehicles. The integration of IoT (Internet of Things) and AI-driven diagnostics in modern vehicles is fostering the adoption of smart tire inflation caps that can seamlessly communicate with vehicle telematics systems and mobile applications. This connectivity offers users real-time alerts, predictive maintenance insights, and remote monitoring capabilities, which are particularly valuable for fleet operators managing large numbers of vehicles. Additionally, the increasing consumer awareness regarding the long-term cost savings associated with maintaining optimal tire pressure—such as reduced tire wear and improved mileage—is further fueling demand for these intelligent solutions across both developed and emerging markets.
The aftermarket segment is also playing a pivotal role in the growth of the smart tire inflation cap market. With a vast number of vehicles already on the road that lack built-in smart tire monitoring systems, the aftermarket presents a lucrative opportunity for manufacturers and retailers. Online retail channels, in particular, are witnessing substantial growth as consumers seek convenient and cost-effective ways to upgrade their vehicles with the latest safety and efficiency technologies. Moreover, the rising popularity of electric vehicles (EVs) and the expansion of shared mobility services are creating new avenues for smart tire inflation cap adoption, as these vehicles often require more rigorous tire management to maximize operational efficiency and safety.
From a regional perspective, Asia Pacific dominates the global smart tire inflation cap market, accounting for the largest revenue share in 2024, thanks to its expansive automotive industry and rapidly urbanizing population. North America and Europe are also significant contributors, driven by early technology adoption, stringent safety regulations, and a high concentration of commercial fleets. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, supported by growing vehicle ownership and increasing awareness of road safety issues. Overall, the global outlook for the smart tire inflation cap market remains highly positive, with technological advancements and evolving consumer preferences expected to sustain strong growth through 2033.
The smart tire inflation cap market is segmented by product type into Bluetooth-enabled cap
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Cap-Vert was 2.3 pour cent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.5 pour cent. Compared to a year ago, we see an increase from the...
The UK inflation rate was 3.4 percent in May 2025, down from 3.5 percent in the previous month, and the fastest rate of inflation since February 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the communications sector, at 6.1 percent, but were falling in both the furniture and transport sectors, at -0.3 percent and -0.6 percent respectively.
The Cost of Living Crisis
High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23.
Global inflation crisis causes rapid surge in prices
The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Le taux d'inflation au Cap-Vert est passé de 2,30 % en mai 2025 à 1,80 % en juin de la même année. Cette dataset fournit la dernière valeur rapportée pour le taux d'inflation du Cap-Vert, ainsi que les publications antérieures, les records historiques, les prévisions à court terme et les prédictions à long terme, le calendrier économique, le consensus des sondages et les actualités.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
L'indice des prix à la consommation au Cap-Vert a augmenté de 0,20 pour cent en juin 2025 par rapport au mois précédent. Cette dataset fournit - Taux d'inflation CV MoM - valeurs réelles, données historiques, prévisions, graphiques, statistiques, calendrier économique et actualités.
Over the observed period the inflation rate in Hungary only reached negative values in 2014 and 2015. According to the Hungarian National Bank, in 2023, the country's inflation rate recorded a **** percent increase compared to the previous year. According to the findings of a survey conducted among the population in 2022, the majority of Hungarians expected the yearly inflation rate to reach six to eight percent. Fighting rising prices As of January 2022, the inflation rate for food totaled over ** percent in the country, making it the product group with the second-biggest price increase, right after motor fuels. In February 2022, Hungary’s prime minister, Viktor Orbán, introduced price caps on basic food products such as cooking oil, flour, sugar, milk, pork leg, and chicken breast as a means to fight peaking inflation rates. Hungarians’ purchasing power per capita As of 2022, the highest purchasing power per person was recorded in the country’s capital, Budapest, where residents had on average *** percent at their disposal to spend or put into savings. At the same time, Komárom-Esztergom was the second-wealthiest county in Hungary, with purchasing power per capita totaling *** percent.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Les prix à la consommation de base au Cap-Vert ont augmenté de 3 % en mai 2025 par rapport au même mois de l'année précédente. Cette dataset fournit - Taux d'inflation de base du Cap-Vert - valeurs réelles, données historiques, prévisions, graphiques, statistiques, calendrier économique et actualités.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Producer Price Index by Commodity: Textile Products and Apparel: Hat Bodies and Fabric Caps, Made from Purchased Materials (WPU03810416) from Dec 2009 to May 2025 about fabrication, textiles, apparel, commodities, PPI, inflation, price index, indexes, price, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Inflation Rate In the Euro Area increased to 2 percent in June from 1.90 percent in May of 2025. This dataset provides the latest reported value for - Euro Area Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Inflation, monthly percent change in the CPI in Cap-Vert, juin, 2025 Pour cet indicateur, National Statistical Office of Cape Verde fournit des données pour la Cap-Vert de février 2006 à juin 2025. La valeur moyenne pour Cap-Vert pendant cette période était de 0.19 pour cent avec un minimum de -1.89 pour cent en novembre 2008 et un maximum de 1.74 pour cent en février 2006. | TheGlobalEconomy.com
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cap, Set, Machine, Lag, Flange, and Self-Locking Screws, Except Aircraft Types (WPU10810231) from Jan 1947 to Jun 2025 about machines, aircraft, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
This dataset includes municipal spending cap data used for the calculation of municipal revenue sharing grant amounts from 2018 through the most recent reporting year. Subsection (f) of Connecticut General Statute Sec. 4-66l establishes a municipal expenditure cap that is the greater of the inflation rate or 2.5% or more of the prior fiscal year’s adopted budget expenditures, including expenditures from a municipality's general fund. Municipalities that increase their adopted budget expenditures over the previous fiscal year by an amount that exceeds this cap receive a reduced revenue sharing grant. The reduction is equal to 50 cents for every dollar the municipality spends over the cap. Municipalities must annually certify to the OPM secretary, on an OPM-prescribed form, whether they have exceeded the spending cap and, if so, by how much. More information may be found here: https://www.cga.ct.gov/2024/sup/chap_050.htm#sec_4-66l
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Cap-Vert: Inflation: percent change in the Consumer Price Index: Pour cet indicateur, La Banque mondiale fournit des données pour la Cap-Vert de 1984 à 2024. La valeur moyenne pour Cap-Vert pendant cette période était de 3.7 pour cent avec un minimum de -2.5 pour cent en 2000 et un maximum de 11.3 pour cent en 1984.
The median CPI is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of CPI inflation and picks the one in the middle. Its construction makes it less sensitive to short-lived price fluctuations, thereby better capturing the trend in prices. Released monthly.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Inflation Rate in Germany decreased to 2 percent in June from 2.10 percent in May of 2025. This dataset provides the latest reported value for - Germany Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Mexico Comm Banks: Cap Requirement: Mkt Risk: Dom Inflation Indexed Rate data was reported at 6,042.100 MXN mn in Feb 2019. This records an increase from the previous number of 6,033.660 MXN mn for Jan 2019. Mexico Comm Banks: Cap Requirement: Mkt Risk: Dom Inflation Indexed Rate data is updated monthly, averaging 4,767.500 MXN mn from Jan 2010 (Median) to Feb 2019, with 110 observations. The data reached an all-time high of 6,653.000 MXN mn in Feb 2012 and a record low of 3,519.790 MXN mn in Jun 2016. Mexico Comm Banks: Cap Requirement: Mkt Risk: Dom Inflation Indexed Rate data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.KB022: Capital Adequacy Ratio: Commercial Banks.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Inflation Rate in France increased to 1 percent in June from 0.70 percent in May of 2025. This dataset provides the latest reported value for - France Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Cap-Vert: Inflation forecast: Pour cet indicateur, International Monetary Fund fournit des données pour la Cap-Vert de 1981 à 2030. La valeur moyenne pour Cap-Vert pendant cette période était de 4.53 pour cent avec un minimum de -2.28 pour cent en 2003 et un maximum de 21.76 pour cent en 1982.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Producer Price Index by Industry: Travel Trailer and Camper Manufacturing: Truck Campers, Caps, Box Covers, and Folddown Camping Trailers (PCU33621433621456) from Jun 2014 to Jun 2025 about camping, travel, trucks, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
Inflation curves or Consumer Price Index (CPI) curves are the term structures of CPI rates at different maturities. They are essential for pricing inflation securities and derivatives.
The most popular inflation products are inflation linked bonds, zero coupon inflation swaps, inflation swaps, and inflation caps/floors.
Unfortunately forward CPI rates are not market observable. But they can be derived/implied from inflation instruments.
FinPricing bootstraps inflation curve from a number of inflation instruments that are the most liquid inflation products at certain maturities.