Will annual inflation in the European Union be 8.0% or more in April?

This is a market on a year-to-year inflation, as measured by the Eurostat (HICP), from April 2021 to April 2022. This market will resolve to “Yes” if the European Union annual inflation in April 2022 is 8.0 percent or more and "No" otherwise. The resolution source for this market will be the Eurostat, the statistical office of the European Union: https://ec.europa.eu/eurostat/web/products-euro-indicators. The next release of HICP inflation rate with full data for April 2022 is scheduled for May 18, 2022. Note, that this market is about inflation for all European Union Member States, not only the Euro zone (states using €). The Inflation dashboard for the Euro zone can be viewed here: https://www.ecb.europa.eu/stats/macroeconomic_and_sectoral/hicp/html/index.en.html

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Resolution

Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.