Will inflation be 0.2% or more from March to April?

This prediction market on Polymarket asks: Will inflation be 0.2% or more from March to April? With $45.5k in trading volume and $556 liquidity, the current odds show Yes at 100%.

Yes

100¢

No

0¢

Volume

$45.5k

Liquidity

$556

Status

Closed

What is this market about?

This is a market on whether month-to-month inflation, as measured by the Bureau of Labor Statistics (CPI-U) will be 0.2% or more from March to April, when the BLS releases month-to-month inflation information for the preceding month of April on May 12, 2021, 8:30 AM ET. This market will resolve to “Yes” if the Bureau of Labor Statistics reports that, on a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) increased by exactly 0.2 percent (i.e. twenty hundredths of 1%) or more from March 2021 to April 2021. This market will resolve to “No” if the Bureau of Labor Statistics reports that, on a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) increased by less than 0.2 percent (i.e. twenty hundredths of 1%) from March 2021 to April 2021. The resolution source for this market will be the BLS April 2021 Consumer Price Index report (https://www.bls.gov/bls/news-release/cpi.htm), currently scheduled for release on May 12, 2021, 8:30 AM ET. Resolution of this market will take place upon release of the aforementioned data. Note that the resolution source for this market will be the official monthly BLS CPI news release which reports seasonally-adjusted month-to-month inflation to only one decimal point (e.g. 0.4%, 0.1%, etc). Thus, this is the level of precision that will be used when resolving the market (i.e. if seasonally adjusted month-to-month CPI-U is 0.1%, the market will resolve to “No”, if it is 0.2%, this market will resolve to “Yes”).

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