How high will CPI get this year?
Prediction markets currently give a 29% probability that How high will CPI get this year?. This contract trades at 29¢ on Kalshi, closing January 1, 2027. This market shows extreme illiquidity with zero volume and open interest despite a substantial 3¢ spread, suggesting minimal trader interest in the 4.2% CPI threshold question.
Analysis
This market shows extreme illiquidity with zero volume and open interest despite a substantial 3¢ spread, suggesting minimal trader interest in the 4.2% CPI threshold question. The price has surged 275% over seven days (8¢ to 30¢), yet the 0% current quote appears stale given this recent momentum and the 328% implied yield on the Yes side, indicating potential mispricing. With 260 days to expiration and a neutral regime, the market lacks sufficient depth to reliably assess 2026 CPI expectations, making it difficult to determine if recent price action reflects genuine conviction or merely thin-market volatility.
Resolution rules
If any Consumer Price Index (CPI YoY) report is above 4.2% for 2026, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXHIGHINFLATION-26DEC-T4.2 yes 100