Will inflation be 0.4% or more from April to May?

About this event

This is a market on whether month-to-month inflation, as measured by the Bureau of Labor Statistics (CPI-U) will be 0.4% or more from April to May, when the BLS releases month-to-month inflation information for the preceding month of May on June 10, 2021, 8:30 AM ET. This market will resolve to “Yes” if the Bureau of Labor Statistics reports that, on a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) increased by exactly 0.4 percent (i.e. forty hundredths of 1%) or more from April 2021 to May 2021. This market will resolve to “No” if the Bureau of Labor Statistics reports that, on a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) increased by less than 0.4 percent (i.e. forty hundredths of 1%) from April 2021 to May 2021. The resolution source for this market will be the BLS May 2021 Consumer Price Index report (https://www.bls.gov/bls/news-release/cpi.htm), currently scheduled for release on June 10, 2021, 8:30 AM ET. Resolution of this market will take place upon release of the aforementioned data. Note that the resolution source for this market will be the official monthly BLS CPI news release which reports seasonally-adjusted month-to-month inflation to only one decimal point (e.g. 0.4%, 0.1%, etc). Thus, this is the level of precision that will be used when resolving the market (i.e. if seasonally adjusted month-to-month CPI-U is 0.3%, the market will resolve to “No”, if it is 0.4%, this market will resolve to “Yes”).