India's wholesale prices fall for 15th straight month in January

NEW DELHI (Reuters) - Wholesale prices fell for a 15th straight month in January, declining an annual 0.90 percent, driven down by tumbling oil prices, government data showed on Monday. The pace of fall, however, was slower than a 0.15 percent annual decline forecast by economists in a Reuters poll. In December, the index fell a provisional 0.73 percent. The wholesale fuel prices dropped 9.21 percent from a year ago in January, while prices of manufactured goods declined 1.17 percent year on year. Food prices last month, however, gained 6.02 percent year-on-year, compared with a provisional 8.17 percent gain in December. (Reporting by Manoj Kumar; Editing by Malini Menon)