TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 12, 11:10 AM EST
Polymarket
This event group tracks the month-over-month change in Core CPI (Consumer Price Index excluding food and energy) for July 2026. Polymarket offers granular binary markets on specific percentage outcomes (0.0% or less, 0.1%, 0.2%, 0.3%, 0.4%, 0.5%, 0.6% or more), while Kalshi's market on egg prices represents a fundamentally different economic metric and scope.
This is a market about the one-month percent change in the Consumer Price Index for All Urban Consumers excluding food and energy in July 2026 as reported by the Bureau of Labor Statistics. This market will resolve to the one-month percentage change in the Consumer Price Index for All Urban Consumers excluding food and energy (Core CPI-U) in July 2026 according to the monthly Bureau of Labor Statistics (BLS) report (seasonally adjusted change from the preceding month). The resolution source for this market will be the BLS Consumer Price Index report released for July 2026 (https://www.bls.gov/bls/news-release/cpi.htm), currently scheduled to be released on August 12, 2026, at 8:30 AM ET. Resolution of this market will take place upon release of the aforementioned data. Note: the resolution source for this market will be the official monthly BLS CPI news release, which reports core inflation (all items less food and energy) over 1-month periods to only one decimal point (e.g., 0.3%). Thus, this is the level of precision that will be used when resolving the market. For the avoidance of doubt, this market resolves on the core CPI figure — the all items index excluding food and energy — not the headline all items CPI figure. If the BLS does not release the relevant figures on the scheduled date, this market may remain open up until the scheduled release time of the next CPI report (https://www.bls.gov/schedule). If the information is not released by that time, this market will resolve according to the figures of the most recent previous month with available data.
If the price of eggs rises by Above 0% in Jul 2026, then the market resolves to Yes.
Prediction markets like this one often diverge from traditional economist surveys because they reward accuracy with real money, creating strong incentives for precision. Traders incorporate the latest economic data, Fed communications, and market-moving events in real time, whereas analyst forecasts may lag or reflect older assumptions. This market's odds reflect live conviction from participants with skin in the game, making them a complementary signal to consensus estimates. Comparing the two can reveal whether the market is pricing in more or less inflation risk than the mainstream view, highlighting potential surprises or consensus blind spots.
Major economic data releases—especially employment reports, retail sales, and producer inflation—often shift expectations for consumer prices and can swing odds significantly. Federal Reserve communications and interest rate decisions influence inflation expectations and trader positioning. Commodity price swings, particularly oil and food, can create spillover effects even in a core CPI market. Geopolitical shocks or supply-chain disruptions may also reshape inflation forecasts. As July approaches, preliminary economic indicators and forward guidance will likely tighten the market's range, with final positioning often driven by the week immediately before the official release.