Will the rate of CPI inflation be above 2.5% for the year ending in August 2026?

How this settles

Resolves YES if the BLS-reported CPI 12-month percentage change for the period ending August 2026 exceeds 2.5%, using the one-decimal-place figure published by the BLS.

• One-decimal rounding is the adjudicating figure — The unrounded CPI change could be, e.g., 2.54% (which rounds to 2.5%) and still resolve NO, since the contract uses the one-decimal-place BLS print — so a reading of exactly 2.5% is NOT above 2.5% and resolves NO.
• Initial release vs. revised print — The BLS occasionally revises CPI figures; the rules don't specify which release (initial vs. revision) governs, creating ambiguity if a revision crosses the 2.5% threshold in either direction.
• CPI headline, not Core CPI — The rules reference the general Consumer Price Index, not Core CPI (ex-food & energy), so traders modeling core inflation are tracking the wrong metric.

Rules read for this specific contract. Full KXCPIYOY settlement rules →