TOTAL VOLUME:
$154.4b
24H VOL:
$245,801,863
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,902,097,102
417,059
Markets across
40,178
events
MATCHED EVENTS:
4,415
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 14, 8:29 AM EST
Kalshi
This market tracks whether the year-over-year rate of inflation, as measured by the Consumer Price Index (CPI), will exceed 3.3% for the twelve months ending in September 2026. Currently, the “Yes” outcome—that inflation will be above 3.3%—is trading at 99.0% on Kalshi. Resolution will be determined by the Bureau of Labor Statistics’ reported CPI figure. Keep a close watch on the official CPI release for September 2026, scheduled to be published by October 14, 2026, as this data will determine the market’s outcome.
Resolution is determined by the year-over-year Consumer Price Index for all items in September 2026, as reported by the Bureau of Labor Statistics to one decimal place. Each outcome resolves to Yes if the CPI increase exceeds its specified threshold. In the event of a federal government shutdown delaying data release, the market's expiration date will be extended to the sooner of the data release or six months after the shutdown ends.
On Kalshi, this market is priced through a continuous double auction, where traders buy and sell contracts corresponding to different CPI YoY rates for September 2026. The price of each contract reflects the probability of that specific rate occurring. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders are incentivized to set prices that accurately reflect their beliefs, as they profit from correct predictions and lose money on incorrect ones. The market's efficiency stems from the diverse perspectives and information incorporated by numerous participants, creating a dynamic and responsive pricing mechanism.
This market resolves around Oct 14, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will be based on the official Consumer Price Index (CPI) data released by the Bureau of Labor Statistics for September 2026, calculated as the year-over-year percentage change. The contract corresponding to the CPI YoY rate closest to the official figure will be settled as winning, and payouts will be distributed accordingly. Traders will know the outcome shortly after the official CPI data is published.
Several economic signals and events could significantly impact this market. Unexpected changes in energy prices, geopolitical events, or shifts in monetary policy by the Federal Reserve could all influence inflation expectations. Strong or weak economic data releases, such as employment reports or GDP growth figures, will also be closely watched. Furthermore, supply chain disruptions or unexpected changes in consumer demand could contribute to price fluctuations. Any news that alters perceptions of future inflation will likely cause movement in this market as traders adjust their positions.