Inflation drops to 8.98 pc from 10.72 pc

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New Delhi, Nov 13: Headline Inflation dipped to 8.98 per cent for the week ended Nov 1 on account of declining prices of fuel and manufactured goods. Inflation is down by more than 1.5 per cent. It is lowest in 21 weeks. It was at 10.72 per cent in the previous week.

The manufacturing wholesale price index is down by 0.7 per cent while Aviation Turbine Fuel(ATF) prices are down by 18 per cent. Fuel and power are down 3.4 per cent. All commodities are down over 1.3 per cent. Meanwhile, inflation for the week ended Sep 6 was revised up to 12.42 per cent from 12.14 per cent.

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