Japan's core CPI trajectory for 2026 remains closely balanced, with market-implied odds nearly even between outcomes at or below 1.9% and the 2.0-2.4% band. Recent monthly prints, including the July reading of 1.8% year-over-year (core ex-fresh food) and 1.9% on the core-core measure, reflect temporary restraint from government energy subsidies amid a weak yen and Middle East-driven oil price pressures. The Bank of Japan's July forecast revision lowered fiscal 2026 core CPI expectations to 2.5% from 2.8%, citing these dynamics and slower pass-through. Traders appear focused on the pace of subsidy phase-outs, wage-driven price setting, and any acceleration in imported costs as key swing factors that could shift the annual outcome within the narrow low-2% corridor.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated≤1.9% 49.6%
2.0-2.4% 49%
3.0-3.4% 3.8%
2.5-2.9% 1.4%
$38,534 Vol.
$38,534 Vol.
≤1.9%
50%
2.0-2.4%
49%
2.5-2.9%
1%
3.0-3.4%
4%
3.5-3.9%
1%
4.0%+
<1%
≤1.9% 49.6%
2.0-2.4% 49%
3.0-3.4% 3.8%
2.5-2.9% 1.4%
$38,534 Vol.
$38,534 Vol.
≤1.9%
50%
2.0-2.4%
49%
2.5-2.9%
1%
3.0-3.4%
4%
3.5-3.9%
1%
4.0%+
<1%
The resolution source for this market will be the SBJ Consumer Price Index Annual Report released for 2026 (https://www.stat.go.jp/english/data/cpi/1588.html#nen), currently scheduled to be released on January 22, 2027. Resolution of this market will take place upon release of the aforementioned data.
Note: the resolution source for this market will be the official SBJ Consumer Price Index Annual Report, which reports percentage change in the Consumer Price Index over 12-month periods to only one decimal point (e.g., 2.8%). Thus, this is the level of precision that will be used when resolving the market. For the avoidance of doubt, this market resolves on the core CPI figure — the all items index excluding fresh food — not the headline all items CPI figure.
If the SBJ does not release the relevant figures on the scheduled date, this market may remain open up until March 31, 2027. If the information is not released by that time, this market will resolve to the lowest bracket.
Market Opened: Jun 17, 2026, 7:25 PM ET
Resolver
0x69c47De9D...The resolution source for this market will be the SBJ Consumer Price Index Annual Report released for 2026 (https://www.stat.go.jp/english/data/cpi/1588.html#nen), currently scheduled to be released on January 22, 2027. Resolution of this market will take place upon release of the aforementioned data.
Note: the resolution source for this market will be the official SBJ Consumer Price Index Annual Report, which reports percentage change in the Consumer Price Index over 12-month periods to only one decimal point (e.g., 2.8%). Thus, this is the level of precision that will be used when resolving the market. For the avoidance of doubt, this market resolves on the core CPI figure — the all items index excluding fresh food — not the headline all items CPI figure.
If the SBJ does not release the relevant figures on the scheduled date, this market may remain open up until March 31, 2027. If the information is not released by that time, this market will resolve to the lowest bracket.
Resolver
0x69c47De9D...Japan's core CPI trajectory for 2026 remains closely balanced, with market-implied odds nearly even between outcomes at or below 1.9% and the 2.0-2.4% band. Recent monthly prints, including the July reading of 1.8% year-over-year (core ex-fresh food) and 1.9% on the core-core measure, reflect temporary restraint from government energy subsidies amid a weak yen and Middle East-driven oil price pressures. The Bank of Japan's July forecast revision lowered fiscal 2026 core CPI expectations to 2.5% from 2.8%, citing these dynamics and slower pass-through. Traders appear focused on the pace of subsidy phase-outs, wage-driven price setting, and any acceleration in imported costs as key swing factors that could shift the annual outcome within the narrow low-2% corridor.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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