Will the rate of CPI inflation be above 3.2% for the year ending in August 2026?

How this settles

Resolves YES if the BLS-reported CPI 12-month inflation rate for the period ending August 2026 exceeds 3.2% as shown to one decimal place.

• One decimal place: 3.2% is the threshold, not above — The rule uses the one-decimal-place BLS print, so a reading of 3.2% does NOT resolve YES — the rate must be strictly above 3.2%, meaning the displayed value must be 3.3% or higher, even if the unrounded figure is 3.25%.
• Initial print only, not later revisions — The BLS occasionally revises CPI figures; if the contract settles on the first released print for August 2026, a subsequent revision crossing the threshold in either direction would be irrelevant to resolution.
• CPI-U assumed, but not specified — The BLS publishes multiple CPI series (CPI-U, CPI-W, C-CPI-U); the rules don't explicitly name which series is used, and different series can print different 12-month rates, potentially straddling the 3.2% threshold.

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