Will U.S. inflation be more than 1.0% from February to March 2022?

What is this market about?

This is a market on a month-to-month inflation, as measured by the Bureau of Labor Statistics (CPI-U), from February to March 2022. The inflation is measured by a change in Consumer Price Index for All Urban Consumers (CPI-U) on a seasonally adjusted basis, reported by the U.S. Bureau of Labor Statistics. This market will resolve to “Yes” if the index increased by more than 1.0 percent (on a seasonally adjusted basis) from February 2022 to March 2022 and "No" otherwise. The resolution source for this market will be the BLS March 2022 Consumer Price Index report (https://www.bls.gov/bls/news-release/cpi.htm), currently scheduled to be released on April 12, 2022 at 8:30 a.m. (ET). Resolution of this market will take place upon release of the aforementioned data. ------------------------- The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. 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. 0.7%, 0.6%, etc). Thus, this is the level of precision that will be used when resolving the market (e.g. if seasonally adjusted month-to-month CPI-U is 1.0%, the market will resolve to “No”, if it is 1.1%, this market will resolve to “Yes”).