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Consumer Price Index: will public transportation prices in the US increase by more than 0.7% 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 public transportation index for May 2024 (seasonally adjusted from the preceding month) increases by more than 0.7%, this market will resolve to “Yes”.

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

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