Will the rate of CPI inflation be above 3.5% for the year ending in November 2026?

How this settles

Resolves YES if the 12-month CPI change ending August 2026, as reported by the Bureau of Labor Statistics (BLS) to one decimal place, is strictly greater than the threshold.

• Strictly greater than, not equal to — The rule says 'more than' the threshold, so a BLS print exactly at the threshold resolves NO — hitting it precisely is not enough.
• One-decimal BLS print used, not full precision — Resolution uses the one-decimal place value published by BLS (e.g. 3.2%), not the underlying unrounded figure, so rounding at that digit can flip the outcome.
• No revision clause specified — The rules do not clarify whether resolution uses the initial BLS release or any subsequent revision, creating ambiguity if BLS revises the August 2026 CPI print after first publication.

These are the rules for the whole series — every contract in it settles the same way. Full KXCPIYOY settlement rules →