Wholesale prices tumble for 11th straight month in September

Prices plunged an annual 4.54% primarily on the back of tumbling oil prices

India's wholesale prices fell for an 11th straight month in September, plunging an annual 4.54% primarily on the back of tumbling oil prices, government data showed on Wednesday.

The fall compared with a 4.43% year-on-year decline forecast by economists in a Reuters poll and a provisional 4.95% fall in August.

The wholesale fuel prices fell 17.71% from a year ago. Prices of manufactured goods declined 1.73% on year in September.

Food prices, however, inched up 0.69% year-on-year last month.