Recent September CPI data at 0.9% year-on-year, combined with analyst forecasts around 0.9% for the full year, has kept trader focus on October outcomes clustered near 0.7-1.0%. Persistent food deflation, especially in pork and vegetables, continues to weigh on the headline rate, while softer household consumption and housing costs limit broader price pressures despite policy efforts to support demand. Offsetting factors include rising energy and transport costs from global oil movements, plus gains in industrial goods and AI-related items. Weak domestic demand transmission and mixed signals from Q3 growth rebound versus subdued retail sales have left the two leading brackets closely matched, with any sharper shift in food prices or stimulus impact on consumption likely to widen the gap ahead of the November release.