Inflation update; December 06, 2008 ; Fall sharply to 6.84%

Inflation for the week ended December 06, 2008 falls significantly to 6.84% as compared to 8.0% reported in the last week.

n The prices of primary articles increased to 11.81% for week ended December 06, 2008 as compared to 11.66% for the preceding week.

n The prices of fuel items declined sharply to 0.58% for the week as compared to 4.48% in the preceding week driven by fall in administered as well as non administered fuel prices.

n The inflation for manufactured products declined to 7.32% for the week, as compare to 7.86% for the preceding week.

n Amongst the manufactured articles, the prices of metal products, beverages, tobacco and tobacco products, woods products and chemical & chemical products rose the most, by 13.43% yoy, 11.88% yoy, 9.77% yoy and 8.17% yoy respectively.