TOTAL VOLUME:
$124b
24H VOL:
$82,345,145
24H TRANSACTIONS:
2,121,338,658
OPEN INTEREST:
$1,285,568,173
364,467
Markets across
33,191
events
MATCHED EVENTS:
3,073
PLATFORM COVERAGE:
5
Polymarket:
41%
VS.
Kalshi:
59%
Above 2.1%
- Kalshi
Above 2.1% - Kalshi
1W
News
Positive
Negative
Neutral
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Vol.
·
Resolves Sep 11, 2026
Time left: 01d:04h:55m
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This group of markets focuses on predicting the year-over-year percentage change in the Core Consumer Price Index (Core CPI) for August 2026. Core CPI measures inflation excluding volatile food and energy prices, providing insight into underlying inflation trends.
This is a market about core inflation (excluding food and energy) over the 12-month period ending August 2026, before seasonal adjustment, as reported by the Bureau of Labor Statistics. This market will resolve to the percentage change in the Consumer Price Index for All Urban Consumers excluding food and energy (Core CPI-U) over the 12-month period ending in August 2026 according to the monthly Bureau of Labor Statistics (BLS) report. The resolution source for this market will be the BLS Consumer Price Index report released for August 2026 (https://www.bls.gov/bls/news-release/cpi.htm), currently scheduled to be released on September 11, 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 12-month periods to only one decimal point (e.g., 2.8%). 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.
The market measures year-over-year core Consumer Price Index growth (All Urban Consumers: All Items less Food and Energy) for the twelve-month period ending August 2026, using the one-decimal place value reported by the Bureau of Labor Statistics. Each outcome corresponds to a specific inflation threshold, with resolution to Yes if the reported core CPI increase exceeds that threshold. In the event of delays caused by federal government shutdown affecting data reliability, the market's expiration date extends to the sooner of the data release or six months after the shutdown ends.
Currently, this market suggests a higher probability of inflation staying near target levels than many traditional forecasts, which often include wider bands or different time horizons. Prediction markets reflect real-time trader sentiment and can react faster to new data, whereas analyst forecasts may incorporate longer-term models or policy expectations. Comparing both gives a fuller picture of near-term market dynamics.
On Polymarket and Kalshi, pricing can vary due to differences in user bases, liquidity, and market design. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. For example, one platform might attract more retail traders reacting quickly to news, while the other could see larger institutional positions that move more slowly. These factors often create a spread of 49.5 between the two venues, especially ahead of major economic releases.
This market resolves around Sep 11, 2026, with the outcome confirmed once the official inflation figure for the August 2026 period is published and verifiable from credible public reporting. The final percentage will settle all contracts based on the verified statistical release, closing the market definitively.