Market resolves to YES if the Office for National Statistics (ONS) CPI 12-month rate for March 2026, published in the ONS Consumer Price Inflation bulletin on 22 April 2026, is strictly below 3.0%. A reading of exactly 3.0% resolves NO. UK CPI stood at 3.0% in both January and February 2026. Resolution is based on the headline CPI figure published at 7am on 22 April 2026. Source: ONS Consumer Price Inflation bulletin, April 2026 release (ons.gov.uk/economy/inflationandpriceindices).