Inflation for the corresponding week of last year stood at 4.05%. This is the first week in the month of October that the inflation, based on official data computed from the wholesale price index , has moved up though the rise in prices of essential commodities continued unabated throughout the month.

Inflation slide to 8.22% in the week ended October 3 from 8.69% in the previous week and fell further to 8.10% and 7.98% in the second and third weeks of last month.

Interestingly, inflation calculated on the consumer price index shot up from 15% in August to 16.3% in September when WPI-based estimates stood at 8.2%.During the present week, inflation rose 0.22 percentage points due to a 0.1% jump in the "all commodities" WPI (base: 1981-82=100) from 358.4 to 358.8 points.