Inflation in SM
SM's consumer price inflation rate stood at 2.00% in January 2030, as measured by the year-over-year change in the Consumer Price Index (CPI).
At 2.0%, SM's inflation rate is below the median of 2.1% among major economies tracked by WorldPulse. Among the G10 and major emerging markets, India has the highest rate at 4.0%, while France has the lowest at 1.9%.
Series
2
With Data
2
Categories
1
Last Updated
2030-01-01
SM Inflation Rate — Historical & Forecast
Source: sm-inflation · Solid = actual, dashed = forecast (IMF WEO)
What Are the Latest Inflation Numbers for SM?
| Indicator | Value | Date |
|---|---|---|
| sm-cpi | 120.48 | 2025-05-01 |
| sm-inflation | 2.00% | 2030-01-01 |
Data available via API: GET /api/v1/topics/inflation/countries/sm
SM Headline Inflation
Data Sources and Methodology
SM inflation data on WorldPulse is sourced from the national statistical agency via automated data pipelines, primarily through FRED (Federal Reserve Economic Data) and direct statistical office feeds. Data is updated automatically as new CPI releases are published, typically on a monthly basis.
All time series are point-in-time reconstructed: historical values reflect what was originally published, not retroactively revised figures. This is critical for backtesting and research applications where contamination-free data is required. As the IMF's Consumer Price Index Manual notes, “real-time data vintages are essential for evaluating the reliability of economic indicators and for conducting research that reflects the information available to decision-makers at the time.”
Frequently Asked Questions
What is the current inflation rate in SM?
As of January 2030, SM's annual inflation rate is 2.00%. This figure represents the year-over-year change in the Consumer Price Index (CPI), measuring how the average price of consumer goods and services has changed compared to the same month of the previous year. WorldPulse updates this data automatically as new official statistics are released.
How is inflation measured in SM?
Inflation in SM is primarily measured using the Consumer Price Index (CPI), which tracks the average price change of a fixed basket of consumer goods and services over time. The national statistical agency publishes CPI data covering categories such as food, housing, transportation, healthcare, and apparel. The year-over-year percentage change in CPI is the standard inflation rate reported in official statistics and media.
What drives inflation in SM?
Inflation in SM is influenced by both domestic and global factors. Domestic drivers include monetary policy (interest rates set by the central bank), fiscal spending, wage growth, and housing costs. Global factors include commodity prices (especially energy and food), supply chain conditions, and exchange rate movements. The IMF notes that "pass-through from global commodity prices to domestic inflation varies significantly across economies depending on their trade openness and exchange rate regime."
Where can I find historical inflation data for SM?
WorldPulse provides free access to 2 SM inflation time series, including headline CPI, core inflation, and producer prices. Historical data is available via the WorldPulse API and updated automatically from official statistical sources. All data is point-in-time reconstructed, meaning historical values reflect what was originally published rather than retroactively revised figures.
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API Access
# Inflation in SM
GET /api/v1/topics/inflation/countries/sm