Prediction market traders anticipate July’s consumer price index will be relatively mild, coming in below the Dow Jones consensus forecast. The event contract on Kalshi , asking what will be the year-over-year rate for July’s CPI, will be confirmed by the Bureau of Labor Statistics. The annual June inflation rate was 3.5%. This was lower than the Dow Jones consensus estimate of 3.8%. The Dow Jones consensus estimate for core inflation calls for a 2.5% rise in July over the past 12 months.