It stood at 10.63% in the previous week.
The decline in food inflation was on account of fall in prices of vegetables, milk, fruit and meat, eggs and fish.
Fuel inflation remain steady at 14.91%.
Finance Minister Pranab Mukherjee expressed hopes that the overall inflation may come down in coming weeks.
"If these trends continue for the next two weeks of November, I hope there will be moderation in inflation and it will have an impact on the year-end inflationary figures," Finance Minister told reporters after government data released on Thursday.
He further said, “"Normally, I do not have much confidence in the weekly figures. But if the trend continues, let us hope for the best."
The headline Inflation for the month of October stood at 9.73%, the recent slip in food inflation may get visible in the next inflation figures.