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Consumer Price Index: will airline fare prices in the US decrease by more than -0.8% in May?

Market Rules

The Consumer Price Index (CPI) is one of the main economic indicators measuring inflation in the United States. This monthly index represents changes in prices of all goods and services purchased by consumption by urban households and is detailed in various items.

If the Consumer Price Index’s airline fares index for May 2024 (seasonally adjusted from the preceding month) decreases more than -0.8%, this market will resolve to “Yes”.

Source: https://www.bls.gov/cpi/news.htm.

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