The Ministry of Statistics & Programme Implementation announced on 29 October 2026 the Index of Services Production (ISP) for August 2026, covering 19 sub-sectors with a base year of 2024–25. These indices are being published on an experimental basis to test data quality and gather feedback from users. The data shows varying growth across sectors, including a 19.9% increase in Retail Trade and a 9.6% decrease in Air Transport compared to August 2025. The release does not say when the trial period ends.
Key points
- Covers 19 sub-sectors using base year 2024–25
- Retail Trade grew by 19.9% in August 2026 over August 2025
- Air Transport saw a decline of 9.6% over the same period
- Indices for Railways, Banking, and Insurance are based on provisional data
- Published on an experimental basis to test data resilience and quality
When it applies
- Index of Services Production (ISP) reporting period
Who it affects
- stakeholders and users