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Contract Details

Inflation to be MORE than 1.0% in the March 2016 quarter

Inflation to be MORE than 1.0% in the March 2016 quarter

INFL.MAR16.GT10
Contract Info 
  • Symbol: INFL.MAR16.GT10
  • Last Trade Price: $0.0759
  • Last Trade Time:
    25 Jan 9:21pm
  • Today’s Volume: 0
  • Average Daily Volume: 0.8
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 24 Apr 15
  • Close Date: 24 May 16
  • Status: Active

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Long Description

This contract pays $1 if Statistics New Zealand reports the annual increase in the Consumer Price Index (i.e. inflation), is MORE than +1.0% for the March 2016 quarter. Otherwise, this contract pays $0.

Judging Criteria 

The purpose of this contract is to forecast the likelihood of the inflation rates being within the range specified on the date specified.

Statistics New Zealand data will be taken "as is". iPredict will NOT round results before closing this contract.

Revisions published by Statistics New Zealand at the time of the contract's close and affecting this contract will be taken into account.

Revisions after this contract's close will not affect this contract's payout.

If error is suspected then iPredict reserves the right to seek clarification before judging this contract.

iPredict's judgement is final.

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.