Inflation Reaches 0.9% In October. Cumulative inflation for January-September is at 8.1%. Concorde Capital: For the second month in a row the monthly CPI growth rate was lower than last year’s figure: 0.9% in Oct 2005 vs 2.2% in Oct 2004. This tendency reduces the gap between the 2005 and 2004 cumulative CPI rates: from 2.4% in August to 0.2% in October. According to our estimates annual CPI for 2005 will be 13%.