Inflation drops to 8.4%

Inflation for the week ended November 22 stood at 8.4 per cent, as compared to 8.84 per cent in the previous week. It was 3.11 per cent during the corresponding week last year.

However, annual rate of inflation for primary articles, which includes food articles too, increased to 11.98 per cent in the reporting week, as against 11.9 per cent in the previous week.

But the index number for the other two categories declined on a week-on-week basis, reflecting overall fall in prices of commodities in fuel and manufactured products.

The final estimate of inflation for the week ended September 27 is revised upwards to 12.08 per cent, as against 11.8 in the provisional estimate.