August CPI month-over-month consensus anchors near 0.3 to 0.4 percent

Name: August CPI month-over-month consensus anchors near 0.3 to 0.4 percent
Creator: ClearMarket
Published: 2026-06-11T20:48:22.000Z
License: https://creativecommons.org/licenses/by/4.0/

Kalshi ladder

record: CMSIG2026061103 | category: momentum-repricing | target: CM-EVT-D057W6W251 | published: 2026-06-11

4-bullet brief | narrative

Kalshi ladder implies August 2026 CPI MoM in the 0.3-0.4% range: 61% above 0.3%, 45% above 0.4%, 35% above 0.5%.
May PPI at 6.5% YoY and upstream energy pressure are broadly consistent with elevated forward CPI readings priced into the August ladder.
The 35% probability above 0.5% reflects a live upside tail, Iran war energy pass-through into consumer prices has not yet fully resolved.
Resolves via the Bureau of Labor Statistics official CPI release for August 2026; the trimmed-mean ladder structure means each strike settles independently.

atomic briefs | structured for retrieval

[01] news_event

significance

surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market

story: May PPI rose 6.5% year-over-year and initial jobless claims came in above consensus at 229K, signaling labor softening alongside persistent upstream price pressure.exa_search → aimsfx.com · as_of 2026-06-12T11:42:07+00:00
publisher: aimsfx.com
published_at: 2026-06-11T20:48:22.000Z
source_url: https://aimsfx.com/2026/06/11/u-s-labor-market-shows-signs-of-weakening-amid-inflationary-pressures-as-unemployment-claims-rise-and-ppi-exceeds-expectations/

[02] pm_response

interp: Kalshi ladder distributes probability across MoM CPI strikes; the 0.3-0.4% implied range is the modal outcome given current energy and labor data inputs.llm_judge_cm_signal_v1

evaluation

News-cycle wires publish on coverage, not editorial selection — the day’s top stories matched to the prediction markets pricing them, so nothing is cherry-picked.

judge_engine: none — deterministic news-cycle scan
judge_verdict: auto_published
judge_confidence: n/a — no judge gate (deterministic publishing)
prompt_template: news_cycle_v1 github · auditable
match_method: entity_slug_match (mechanical)

citation graph

Every wire traces back to the ClearMarket event it is built on, and out to each venue’s own market page — so any figure here can be verified at its source.

internal

cm_event: /events/kxcpi-26aug/

external

venue_a: https://kalshi.com/markets/KXCPI-26AUG-T0.4

programmatic access · four surfaces, same payload

AI grounded search reads embedded JSON-LD in HTML. Developers query REST. Agentic AI clients (Claude Desktop, Cursor) call MCP tools. AI crawlers index via /llms.txt. Same canonical record at every surface.

HTML	browsers, AI grounded search, crawlers (contains embedded JSON-LD `@type: Dataset`)	`https://clearmarket.fyi/signals/aug-2026-cpi-mom-implied-0-3-0-4-kalshi-ladder-2026-06-11/`
JSON	REST API for developers	`https://clearmarket.fyi/signals/aug-2026-cpi-mom-implied-0-3-0-4-kalshi-ladder-2026-06-11.json`
MCP	agentic AI tool call (Claude Desktop, Cursor, Continue)	`clearmarket.get_signal("aug-2026-cpi-mom-implied-0-3-0-4-kalshi-ladder-2026-06-11")`
AGENT	AI crawler discovery index	`/llms.txt`

 PM data: platform APIs (hourly refresh). News context: retrieved with source citations. Editorial judgment: LLM judge with prompt template versioned per wire type. Per-claim provenance inline above; full per-field provenance map at the JSON endpoint under field_provenance.
  raw JSON record · same payload returned by REST endpoint
 {
  "$schema": "https://clearmarket.fyi/schema/signal/v1.json",
  "provenance_version": "0.2.0",
  "record_id": "CMSIG2026061103",
  "published_at": "2026-06-11T20:48:22.000Z",
  "detection": "news_cycle",
  "category_tag": "MOMENTUM_REPRICING",
  "secondary_tags": [],
  "pre_news_classification": "concurrent",
  "target_event_id": "CM-EVT-D057W6W251",
  "target_event_slug": "kxcpi-26aug",
  "event_question": "August 2026 CPI month-over-month change",
  "bullets": [
    "Kalshi ladder implies August 2026 CPI MoM in the 0.3-0.4% range: 61% above 0.3%, 45% above 0.4%, 35% above 0.5%.",
    "May PPI at 6.5% YoY and upstream energy pressure are broadly consistent with elevated forward CPI readings priced into the August ladder.",
    "The 35% probability above 0.5% reflects a live upside tail, Iran war energy pass-through into consumer prices has not yet fully resolved.",
    "Resolves via the Bureau of Labor Statistics official CPI release for August 2026; the trimmed-mean ladder structure means each strike settles independently."
  ],
  "atomic_claims": [
    {
      "type": "news_event",
      "field_provenance": {
        "story": {
          "tier": "mediated",
          "method": "exa_search",
          "source": "aimsfx.com",
          "source_url": "https://aimsfx.com/2026/06/11/u-s-labor-market-shows-signs-of-weakening-amid-inflationary-pressures-as-unemployment-claims-rise-and-ppi-exceeds-expectations/",
          "retrieved_at": "2026-06-12T11:42:07+00:00"
        }
      },
      "significance": {
        "threshold": 5,
        "threshold_unit": "rank",
        "passed": true,
        "reason": "surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market"
      },
      "story": "May PPI rose 6.5% year-over-year and initial jobless claims came in above consensus at 229K, signaling labor softening alongside persistent upstream price pressure.",
      "publisher": "aimsfx.com",
      "published_at": "2026-06-11T20:48:22.000Z",
      "source_url": "https://aimsfx.com/2026/06/11/u-s-labor-market-shows-signs-of-weakening-amid-inflationary-pressures-as-unemployment-claims-rise-and-ppi-exceeds-expectations/"
    },
    {
      "type": "pm_response",
      "field_provenance": {
        "notes": {
          "tier": "editorial",
          "method": "llm_judge_cm_signal_v1"
        }
      },
      "notes": "Kalshi ladder distributes probability across MoM CPI strikes; the 0.3-0.4% implied range is the modal outcome given current energy and labor data inputs."
    }
  ],
  "evaluation": {
    "judge_engine": "none — deterministic news-cycle scan",
    "judge_verdict": "auto_published",
    "judge_confidence": null,
    "prompt_template": "news_cycle_v1"
  },
  "citations": {
    "internal": {
      "cm_event": "/events/kxcpi-26aug/",
      "related": []
    },
    "external": {
      "venue_a": "https://kalshi.com/markets/KXCPI-26AUG-T0.4",
      "venue_b": null,
      "benchmark": null
    }
  },
  "sources": [
    {
      "label": "aimsfx.com: U.S. labor market shows signs of weakening amid inflationary pressures",
      "url": "https://aimsfx.com/2026/06/11/u-s-labor-market-shows-signs-of-weakening-amid-inflationary-pressures-as-unemployment-claims-rise-and-ppi-exceeds-expectations/",
      "published_at": "2026-06-11T20:48:22.000Z",
      "retrieved_at": "2026-06-12T11:42:07+00:00"
    }
  ],
  "field_provenance": {
    "pm_data": "kalshi_api",
    "news_context": "exa_search",
    "editorial_judgment": "cm_signal_llm_judge"
  }
}
 
   PROVENANCE PROTOCOL v0.2 · [direct] venue api · [mediated] grounded web fetch + source url · [derived] computed from listed inputs · [editorial] versioned llm judgment · full spec /schema/provenance/v1

record CMSIG2026061103 published 2026-06-11T20:48:22.000Z signature sha256-d2dedaadaef… ← underlying event all signals →