The Prediction Markets

Brazil Annual Inflation 2026

Closes
Jan 13, 2027, in 3 months
Traded
$337K
Venues
Polymarket, Kalshi
Prices updated
just now
Share

What the markets expect

Above 3.90% 99%

Next is Above 4.10% at 98%. The venues list this event, but none of their outcomes are matched yet, so prices are shown separately.

Odds by venue

Consensus blends each venue’s last price, weighted by how much has traded there. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 5 min ago. Ages are as of when this page was built.

  • Polymarket
  • Kalshi
Above 3.90%
99%
Kalshi 99%polled, 28s agoBest Yes 99¢ on Kalshi, $100 pays $101 (1.01x)
Kalshi
Contract
Above 3.90%
Last price
99%
As of
Polled just now
Buy Yes
99¢
Sell Yes
98¢
$100 on Yes pays
$101 (1.01x)
Volume
$1K
Trade this on Kalshi
Above 4.10%
98%
Kalshi 98%polled, 28s agoBest Yes 99¢ on Kalshi, $100 pays $101 (1.01x)
Kalshi
Contract
Above 4.10%
Last price
98%
As of
Polled just now
Buy Yes
99¢
Sell Yes
95¢
$100 on Yes pays
$101 (1.01x)
Volume
$200
Trade this on Kalshi
Above 4.20%
98%
Kalshi 98%polled, 28s agoBest Yes 99¢ on Kalshi, $100 pays $101 (1.01x)
Kalshi
Contract
Above 4.20%
Last price
98%
As of
Polled just now
Buy Yes
99¢
Sell Yes
95¢
$100 on Yes pays
$101 (1.01x)
Volume
$200
Trade this on Kalshi
Above 4.30%
98%
Kalshi 98%polled, 28s agoBest Yes 99¢ on Kalshi, $100 pays $101 (1.01x)
Kalshi
Contract
Above 4.30%
Last price
98%
As of
Polled just now
Buy Yes
99¢
Sell Yes
95¢
$100 on Yes pays
$101 (1.01x)
Volume
$350
Trade this on Kalshi
Above 4.40%
97%
Kalshi 97%polled, 28s agoBest Yes 99¢ on Kalshi, $100 pays $101 (1.01x)
Kalshi
Contract
Above 4.40%
Last price
97%
As of
Polled just now
Buy Yes
99¢
Sell Yes
95¢
$100 on Yes pays
$101 (1.01x)
Volume
$900
Trade this on Kalshi
Above 4.25%
92%
Kalshi 92%polled, 5 min agoBest Yes 92¢ on Kalshi, $100 pays $109 (1.09x)
Kalshi
Contract
Above 4.25%
Last price
92%
As of
Polled 5 min ago
Buy Yes
92¢
Sell Yes
80¢
$100 on Yes pays
$109 (1.09x)
Volume
$195
Trade this on Kalshi
Above 4.00%
91.5%
Kalshi 99%polled, 28s agoKalshi 89%polled, 5 min agoBest Yes 89¢ on Kalshi, $100 pays $112 (1.12x)
Kalshi
Contract
Above 4.00%
Last price
99%
As of
Polled just now
Buy Yes
99¢
Sell Yes
95¢
$100 on Yes pays
$101 (1.01x)
Volume
$400
Trade this on Kalshi
Kalshi
Contract
Above 4.00%
Last price
89%
As of
Polled 5 min ago
Buy Yes
89¢
Sell Yes
78¢
$100 on Yes pays
$112 (1.12x)
Volume
$4K
Trade this on Kalshi
Above 3.50%
90%
Kalshi 90%polled, 5 min ago
Kalshi
Contract
Above 3.50%
Last price
90%
As of
Polled 5 min ago
Buy Yes
—
Sell Yes
20¢
Volume
$295
Trade this on Kalshi
Above 3.75%
90%
Kalshi 90%polled, 5 min ago
Kalshi
Contract
Above 3.75%
Last price
90%
As of
Polled 5 min ago
Buy Yes
—
Sell Yes
75¢
Volume
$1K
Trade this on Kalshi
Above 3.25%
89%
Kalshi 89%polled, 5 min ago
Kalshi
Contract
Above 3.25%
Last price
89%
As of
Polled 5 min ago
Buy Yes
—
Sell Yes
20¢
Volume
$68
Trade this on Kalshi
Show 20 more outcomes
Above 4.60%
86%
Kalshi 86%polled, 28s agoBest Yes 96¢ on Kalshi, $100 pays $104 (1.04x)
Kalshi
Contract
Above 4.60%
Last price
86%
As of
Polled just now
Buy Yes
96¢
Sell Yes
86¢
$100 on Yes pays
$104 (1.04x)
Volume
$413
Trade this on Kalshi
Above 4.70%
79%
Kalshi 79%polled, 28s agoBest Yes 79¢ on Kalshi, $100 pays $127 (1.27x)
Kalshi
Contract
Above 4.70%
Last price
79%
As of
Polled just now
Buy Yes
79¢
Sell Yes
71¢
$100 on Yes pays
$127 (1.27x)
Volume
$2K
Trade this on Kalshi
5.00-5.49%
71.8%
Polymarket 71.8%polled, 28s agoBest Yes 73.1¢ on Polymarket, $100 pays $137 (1.37x)
Polymarket
Contract
5.00-5.49%
Last price
71.8%
As of
Polled just now
Buy Yes
73.1¢
Sell Yes
70.5¢
$100 on Yes pays
$137 (1.37x)
Volume
$29K
Trade this on Polymarket
Above 4.50%
71%
Kalshi 93%polled, 28s agoKalshi 5%polled, 5 min agoBest Yes 25¢ on Kalshi, $100 pays $400 (4.00x)
Kalshi
Contract
Above 4.50%
Last price
93%
As of
Polled just now
Buy Yes
99¢
Sell Yes
93¢
$100 on Yes pays
$101 (1.01x)
Volume
$1K
Trade this on Kalshi
Kalshi
Contract
Above 4.50%
Last price
5%
As of
Polled 5 min ago
Buy Yes
25¢
Sell Yes
—
$100 on Yes pays
$400 (4.00x)
Volume
$105
Trade this on Kalshi
Above 4.80%
53%
Kalshi 53%polled, 28s agoBest Yes 58¢ on Kalshi, $100 pays $172 (1.72x)
Kalshi
Contract
Above 4.80%
Last price
53%
As of
Polled just now
Buy Yes
58¢
Sell Yes
48¢
$100 on Yes pays
$172 (1.72x)
Trade this on Kalshi
Above 4.90%
24%
Kalshi 24%polled, 28s agoBest Yes 34¢ on Kalshi, $100 pays $294 (2.94x)
Kalshi
Contract
Above 4.90%
Last price
24%
As of
Polled just now
Buy Yes
34¢
Sell Yes
24¢
$100 on Yes pays
$294 (2.94x)
Volume
$30
Trade this on Kalshi
Above 5.00%
22%
Kalshi 22%polled, 5 min ago
Kalshi
Contract
Above 5.00%
Last price
22%
As of
Polled 5 min ago
Buy Yes
—
Sell Yes
—
Volume
$7
Trade this on Kalshi
Above 5.50%
17%
Kalshi 17%polled, 5 min agoBest Yes 20¢ on Kalshi, $100 pays $500 (5.00x)
Kalshi
Contract
Above 5.50%
Last price
17%
As of
Polled 5 min ago
Buy Yes
20¢
Sell Yes
—
$100 on Yes pays
$500 (5.00x)
Volume
$209
Trade this on Kalshi
5.50-5.99%
13.6%
Polymarket 13.6%polled, 28s agoBest Yes 14.2¢ on Polymarket, $100 pays $704 (7.04x)
Polymarket
Contract
5.50-5.99%
Last price
13.6%
As of
Polled just now
Buy Yes
14.2¢
Sell Yes
13¢
$100 on Yes pays
$704 (7.04x)
Volume
$21K
Trade this on Polymarket
4.50-4.99%
11.7%
Polymarket 11.7%polled, 28s agoBest Yes 12.4¢ on Polymarket, $100 pays $806 (8.06x)
Polymarket
Contract
4.50-4.99%
Last price
11.7%
As of
Polled just now
Buy Yes
12.4¢
Sell Yes
10.9¢
$100 on Yes pays
$806 (8.06x)
Volume
$33K
Trade this on Polymarket
In Dec 2026
11%
Kalshi 11%polled, 28s agoBest Yes 12¢ on Kalshi, $100 pays $833 (8.33x)
Kalshi
Contract
In Dec 2026
Last price
11%
As of
Polled just now
Buy Yes
12¢
Sell Yes
4¢
$100 on Yes pays
$833 (8.33x)
Volume
$151K
Trade this on Kalshi
Above 4.75%
5%
Kalshi 5%polled, 5 min agoBest Yes 25¢ on Kalshi, $100 pays $400 (4.00x)
Kalshi
Contract
Above 4.75%
Last price
5%
As of
Polled 5 min ago
Buy Yes
25¢
Sell Yes
—
$100 on Yes pays
$400 (4.00x)
Volume
$407
Trade this on Kalshi
Above 5.25%
5%
Kalshi 5%polled, 5 min agoBest Yes 25¢ on Kalshi, $100 pays $400 (4.00x)
Kalshi
Contract
Above 5.25%
Last price
5%
As of
Polled 5 min ago
Buy Yes
25¢
Sell Yes
—
$100 on Yes pays
$400 (4.00x)
Volume
$109
Trade this on Kalshi
6.00-6.49%
3.1%
Polymarket 3.1%polled, 28s agoBest Yes 4.1¢ on Polymarket, $100 pays $2,439 (24.4x)
Polymarket
Contract
6.00-6.49%
Last price
3.1%
As of
Polled just now
Buy Yes
4.1¢
Sell Yes
2.1¢
$100 on Yes pays
$2,439 (24.4x)
Volume
$14K
Trade this on Polymarket
7.00%+
1.2%
Polymarket 1.2%polled, 28s agoBest Yes 1.7¢ on Polymarket, $100 pays $5,882 (58.8x)
Polymarket
Contract
7.00%+
Last price
1.2%
As of
Polled just now
Buy Yes
1.7¢
Sell Yes
0.7¢
$100 on Yes pays
$5,882 (58.8x)
Volume
$11K
Trade this on Polymarket
4.00-4.49%
0.5%
Polymarket 0.5%polled, 28s agoBest Yes 0.7¢ on Polymarket, $100 pays $14,286 (143x)
Polymarket
Contract
4.00-4.49%
Last price
0.5%
As of
Polled just now
Buy Yes
0.7¢
Sell Yes
0.3¢
$100 on Yes pays
$14,286 (143x)
Volume
$19K
Trade this on Polymarket
3.00%
0.5%
Polymarket 0.5%polled, 28s agoBest Yes 0.7¢ on Polymarket, $100 pays $14,286 (143x)
Polymarket
Contract
3.00%
Last price
0.5%
As of
Polled just now
Buy Yes
0.7¢
Sell Yes
0.2¢
$100 on Yes pays
$14,286 (143x)
Volume
$10K
Trade this on Polymarket
6.50-6.99%
0.3%
Polymarket 0.3%polled, 28s agoBest Yes 0.4¢ on Polymarket, $100 pays $25,000 (250x)
Polymarket
Contract
6.50-6.99%
Last price
0.3%
As of
Polled just now
Buy Yes
0.4¢
Sell Yes
0.1¢
$100 on Yes pays
$25,000 (250x)
Volume
$12K
Trade this on Polymarket
3.50-3.99%
0.2%
Polymarket 0.2%polled, 28s agoBest Yes 0.3¢ on Polymarket, $100 pays $33,333 (333x)
Polymarket
Contract
3.50-3.99%
Last price
0.2%
As of
Polled just now
Buy Yes
0.3¢
Sell Yes
—
$100 on Yes pays
$33,333 (333x)
Volume
$16K
Trade this on Polymarket
3.00-3.49%
0.1%
Polymarket 0.1%polled, 28s agoBest Yes 0.2¢ on Polymarket, $100 pays $50,000 (500x)
Polymarket
Contract
3.00-3.49%
Last price
0.1%
As of
Polled just now
Buy Yes
0.2¢
Sell Yes
—
$100 on Yes pays
$50,000 (500x)
Volume
$9K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle, source: agenciadenoticias.ibge.gov.br
Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: Trading Economics, IGBE

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Above 3.90%
  • Above 4.10%
  • Above 4.20%

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Polymarket

Polymarket doesn’t list Above 3.90% for this event.

Top of book

Connecting
Best bid
—
Spread
—
Best ask
—

Waiting for the first live quote…

Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

$
Buy

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.05 × price × (1 − price) per share (economics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Brazil Annual Inflation 2026". Above 3.90% leads at 99%. Next is Above 4.10% at 98%. $337K has traded across 30 outcomes on Polymarket and Kalshi. The market is expected to resolve by Jan 13, 2027.

This is a market about the variation of consumer prices in Brazil over the 12-month period ending December 2026, as reported by the Brazilian Institute of Geography and Statistics (IBGE). This market will resolve according to the percentage change in the Extended National Consumer Price Index (IPCA) during the 12-month period ending December 2026 according to the monthly IBGE report. The resolution source for this market will be the IBGE Extended National Consumer Price Index monthly report released for December 2026, currently scheduled to be released on January 12, 2027. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month. You can find the relevant figure by locating the report for December 2026 on the Press Releases page (https://agenciadenoticias.ibge.gov.br/en/agencia-press-room.html), locating the Period-Rate table and finding the IPCA growth rate figure in the column labeled "Rate" and the Row labeled “Cumulative in the year / 12 Months”. Changes in the IBGE’s reporting format will not disqualify a published relevant figure from counting. Note: the resolution source for this market will be the official monthly IBGE IPCA news release which reports inflation during 12-month periods to two decimal points (e.g. 4.26%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://www.ibge.gov.br/en/calendar.html

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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