India, July 14 -- The Government of India has issued a release:

Key Highlights

S. No.

Broad Sub -Sector

ISP April, 2025

ISP April, 2026

Growth in April, 2026 over April, 2025

1

Wholesale Trade

104.0

119.87

15.3%

2

Retail Trade

105.1

137.50

30.8%

3

Repair Services

100.6

119.93

19.2%

4

Accommodation and food

100.7

138.14

37.2%

5

Railway Transport

100.0

99.59

-0.4%

6

Road Transport

93.1

110.34

18.5%

7

Water Transport

99.2

104.87

5.7%

8

Air Transport

104.5

89.90

-13.9%

9

Warehousing and support activities for transportation

95.6

112.97

18.2%

10

Postal and Courier

96.1

99.25

3.3%

11

Telecommunications

96.9

118.94

22.8%

12

Information and Broadcasting

111.2

113.95

2.5%

13

Banking

106.9

119.88

12.2%

14

Insurance

95.9

110.88

15.6%

15

Real Estate

93.8

119.76

27.7%

16

IT and computer related services

97.4

112.16

15.2%

17

Professional, scientific & technical services including R & D

91.2

106.26

16.5%

18

Administrative and support services

93.6

120.37

28.7%

19

Arts, Entertainment and Recreation Services

109.6

127.53

16.4%

Annexure 1

S. No.

Broad Sub -Sector

April

May

June

July

August

September

October

November

December

January

February

March

Annual Average

1

Wholesale Trade

104.0

113.8

106.6

113.1

111.5

133.9

136.7

117.5

127.8

143.6

132.1

142.0

123.6

2

Retail Trade

105.1

121.9

117.0

118.2

116.1

133.8

153.1

122.3

138.7

145.4

138.7

155.4

130.5

3

Repair Services

100.6

111.5

111.7

133.0

111.2

125.1

140.0

114.7

122.0

134.5

110.0

187.4

125.1

4

Accommodation and food

100.7

116.9

128.2

127.9

129.9

124.7

136.7

148.2

166.9

150.2

148.5

148.3

135.6

5

Railway Transport

100.0

103.8

102.1

98.7

101.9

97.5

99.6

100.9

105.7

107.5

99.9

112.4

102.5

6

Road Transport

93.1

120.6

119.9

120.3

117.4

130.5

115.4

116.8

130.8

128.9

124.9

153.1

122.6

7

Water Transport

99.2

104.7

101.4

99.9

99.7

98.9

102.0

108.0

111.1

113.0

102.3

113.6

104.5

8

Air Transport

104.5

102.8

97.1

95.9

98.7

95.4

105.0

113.3

113.3

117.3

107.0

102.0

104.4

9

Warehousing and support activities for transportation

95.6

112.0

114.8

116.4

114.1

120.5

119.0

117.4

131.4

126.6

121.3

151.7

120.1

10

Postal and Courier

96.1

99.0

98.4

98.8

101.0

96.4

99.4

88.2

98.7

97.3

91.9

110.7

98.0

11

Telecommunications

96.9

102.7

107.9

109.4

108.0

110.4

112.0

109.6

118.0

118.6

112.3

121.0

110.6

12

Information and Broadcasting

111.2

109.2

119.6

109.8

91.9

105.2

107.4

86.5

120.2

109.5

99.8

142.1

109.4

13

Banking

106.9

107.2

108.9

108.6

108.8

112.0

110.8

111.9

115.0

115.8

117.2

121.0

112.0

14

Insurance

95.9

88.7

107.1

114.0

92.6

118.0

105.6

96.1

116.0

116.9

96.9

168.1

109.6

15

Real Estate

93.8

96.2

95.4

106.0

98.0

110.4

105.4

102.5

115.3

116.2

121.3

133.0

107.8

16

IT and computer related services

97.4

99.0

115.3

107.6

102.3

121.4

109.7

107.7

137.4

111.7

109.2

146.5

113.8

17

Professional, scientific & technical services including R & D

91.2

100.6

112.5

105.3

98.8

116.5

111.7

108.5

127.5

109.4

106.0

166.8

112.9

18

Administrative and support services

93.6

101.2

106.4

111.3

105.0

120.4

115.2

104.0

122.9

115.9

106.6

156.5

113.3

19

Arts, Entertainment and Recreation Services

109.6

138.4

112.4

105.3

117.2

98.5

120.1

98.2

131.5

119.8

110.1

147.6

117.4

S. No.

Broad Sub -Sector

April

May

June

July

August

September

October

November

December

January

February

March

Annual Average

1

Wholesale Trade

4.0%

13.8%

6.6%

13.1%

11.5%

33.9%

36.7%

17.5%

27.8%

43.5%

32.1%

42.0%

23.6%

2

Retail Trade

5.1%

21.9%

17.0%

18.2%

16.1%

33.8%

53.1%

22.3%

38.7%

45.4%

38.7%

55.4%

30.5%

3

Repair Services

0.6%

11.5%

11.7%

33.0%

11.2%

25.1%

40.0%

14.7%

22.0%

34.5%

10.0%

87.4%

25.1%

4

Accommodation and food

0.7%

16.9%

28.1%

27.9%

29.9%

24.7%

36.7%

48.2%

66.9%

50.2%

48.5%

48.2%

35.6%

5

Railway Transport

0.0%

3.8%

2.1%

-1.3%

1.9%

-2.6%

-0.4%

0.9%

5.7%

7.5%

-0.1%

12.4%

2.5%

6

Road Transport

-6.9%

20.6%

19.9%

20.3%

17.4%

30.5%

15.4%

16.8%

30.8%

28.9%

24.9%

53.1%

22.6%

7

Water Transport

-0.8%

4.7%

1.4%

-0.1%

-0.3%

-1.1%

2.0%

7.9%

11.1%

13.0%

2.3%

13.6%

4.5%

8

Air Transport

4.5%

2.8%

-3.0%

-4.1%

-1.3%

-4.6%

5.0%

13.3%

13.3%

17.3%

7.0%

2.0%

4.4%

9

Warehousing and support activities for transportation

-4.4%

12.0%

14.8%

16.4%

14.1%

20.5%

19.0%

17.4%

31.3%

26.6%

21.3%

51.7%

20.1%

10

Postal and Courier

-4.0%

-1.0%

-1.6%

-1.2%

0.9%

-3.6%

-0.6%

-11.8%

-1.3%

-2.7%

-8.1%

10.7%

-2.0%

11

Telecommunications

-3.1%

2.7%

7.9%

9.4%

8.0%

10.4%

12.0%

9.6%

18.0%

18.6%

12.3%

21.0%

10.6%

12

Information and Broadcasting

11.2%

9.2%

19.6%

9.8%

-8.1%

5.2%

7.4%

-13.5%

20.2%

9.5%

-0.2%

42.1%

9.4%

13

Banking

6.9%

7.2%

8.9%

8.6%

8.8%

12.0%

10.8%

11.9%

15.0%

15.8%

17.2%

21.0%

12.0%

14

Insurance

-4.1%

-11.3%

7.1%

14.0%

-7.4%

18.0%

5.6%

-3.9%

16.0%

16.9%

-3.1%

68.1%

9.6%

15

Real Estate

-6.2%

-3.8%

-4.6%

6.0%

-2.0%

10.4%

5.4%

2.5%

15.3%

16.2%

21.3%

33.0%

7.8%

16

IT and computer related services

-2.6%

-1.0%

15.3%

7.6%

2.3%

21.4%

9.7%

7.7%

37.4%

11.7%

9.2%

46.5%

13.8%

17

Professional, scientific & technical services including R & D

-8.8%

0.6%

12.5%

5.3%

-1.3%

16.5%

11.7%

8.5%

27.5%

9.4%

6.0%

66.8%

12.9%

18

Administrative and support services

-6.4%

1.2%

6.4%

11.3%

5.0%

20.4%

15.2%

4.0%

22.9%

15.9%

6.6%

56.5%

13.3%

19

Arts, Entertainment and Recreation Services

9.6%

38.4%

12.4%

5.3%

17.2%

-1.5%

20.1%

-1.8%

31.5%

19.8%

10.1%

47.6%

17.4%

Sr. No.

Broad Sectors

Deflator Used

1

Wholesale Trade

WPI

2

Retail Trade*

CPI - Retail

3

Repair & Maintenance Services

CPI - General

4

Accommodation and food service activities

CPI - Restaurants and accommodation services

5

Railway Transport

Not Required

6

Road Transport

CPI - Passenger transport by road

7

Water Transport-Passenger

CPI - Passenger transport by sea and inland waterway

Water Transport- Freight

Not Required

8

Air Transport

Not Required

9

Warehousing and support activities for transportation

CPI - Transport

10

Postal & Courier Services

CPI - Postage Courier and Money Order

11

Telecommunication

CPI - Information & Communication

12

Information and Broadcasting*

CPI - Information and Broadcasting

13

Banking

CPI - General

14

Insurance

CPI - General

15

Real Estate Activities

CPI - Actual Rental Payments made for housing (Urban)

16

IT and computer related services*

CPI - Services

17

Professional, scientific & technical services including R & D*

CPI - Services

18

Administrative and support services*

CPI - Services

19

Arts, Entertainment and Recreation Services

CPI - Recreation, sport and culture

As part of the suite of macro - economic indicators, the Ministry of Statistics & Programme Implementation (MoSPI) is commencing release of the ISPs of 19 sub - sectors, with base year 2024 -25. The first set of ISPs is being released for the month of April, 2026. The ISP represents an important milestone in strengthening India's statistical system and improving the measurement of the services sector, which accounts for more than half of the country's economic activity. The release of sub - sectoral ISPs will provide, for the first time, a monthly measure of short-term movements in India's formal services sector, with a coverage of about 60%.

Monthly and Annual Sub - Sectoral Trial ISPs for 2025 -26

2025-26

2025-26

The Technical Advisory Committee on Index of Services Production (TAC-ISP) Constituted in May 2025 provided the conceptual & methodological guidance on compiling ISP. Apart from representatives from academia and the Industry associations, membership of the TAC - ISP included representatives from the concerned Ministries / Departments dealing with the respective services sectors. The Report of TAC -ISP was released on 7th July, 2026, and is in the public domain at:

https://www.mospi.gov.in/uploads/publications_reports/publications_reports1783419546476_3d453f5e-f7cd-488e-9e72-1bc575b2f236_Report_TAC_ISP.pdf

Disclaimer: Curated by HT Syndication.