TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 15, 8:29 AM EST
Kalshi
The Producer Price Index (PPI) measures the average change in prices that domestic producers receive for their goods and services. These markets track whether the year-over-year inflation rate for final demand in June 2026 will exceed various threshold levels, reflecting wholesale price pressures in the economy.
This event series establishes a tiered structure of outcomes based on the year-over-year percent change in the United States Producer Price Index for final demand in June 2026. Each outcome corresponds to a specific threshold, ranging from 6.2% to 8.4% in 0.2 percentage point increments. Resolution occurs when the official PPI data for June 2026 is released, with each market resolving to Yes if the reported year-over-year change exceeds its designated threshold. The tiered approach allows participants to express granular views on the magnitude of producer price inflation, with higher thresholds representing more severe inflationary scenarios. All outcomes are mutually exclusive based on the final reported PPI figure—only the applicable threshold(s) will resolve affirmatively depending on where the actual inflation rate falls within the specified range.
Prediction market odds often diverge from traditional analyst surveys because traders incorporate real-time information, market volatility, and forward-looking sentiment. While economists and polling firms publish point forecasts based on historical models, this market aggregates the distributed knowledge of participants actively risking capital on the outcome. Comparing the implied probability here to published consensus estimates can reveal whether traders expect a surprise in either direction, or whether they align with mainstream expectations.
On Kalshi, this market is priced through a continuous order-book mechanism where buyers and sellers post bids and offers on competing outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each outcome reflects the marginal trade—the last transaction—and moves in real time as new orders flow in. Traders can enter limit or market orders to express their view, and the spread between bid and ask tightens or widens based on liquidity and conviction around the June PPI release.
This market resolves around Jul 22, 2026, once the June PPI data is published and verified against credible public sources. The outcome is determined by whether the year-over-year percentage change in the Producer Price Index meets or exceeds the specified threshold. Traders holding positions in the winning outcome receive their payout, while losing positions expire worthless.
Key catalysts include monthly inflation reports, central bank communications, energy price movements, and supply chain developments that affect producer costs. Unexpected labor data, commodity price swings, or shifts in monetary policy expectations can reshape trader conviction about June's PPI reading. Real-time market commentary, Fed speeches, and revisions to prior months' data may also trigger repricing as participants update their forecasts ahead of the official release.