Rising prices are expected to continue to haunt the common man as inflation likely to remain above the eight per cent mark for the month of November, says a think tank.
Inflation is likely to be about 8.26 per cent for the month, marginally lower than 8.58 per cent recorded in October, according to the Institute of Economic Growth (IEG).
The inflation figure for November is slated to be released on December 14.
The IEG projection is higher than that of Chief Economic Advisor Kaushik Basu, who expects inflation to fall to 7.5 per cent in November. It peaked at 11 per cent in April 2010.
According to IEG, inflation would fall below 8 per cent at 7.96 per cent in December and 7.73 per cent for January.