India’s wholesale prices fell for an 11th straight month in September, plunging an annual 4.54 percent primarily on the back of tumbling down oil prices, govt data showed on Wednesday.
The fall compared with a 4.43 percent year-on-year decline forecast by economists in a Reuters poll and a provisional 4.95 percent fall in August.
The wholesale fuel prices fell 17.71 percent from a year ago. Prices of manufactured goods declined 1.73 percent on year in September.
Food prices, however, inched up 0.69 percent year-on-year last month.