Ministry of Statistics & Programme Implementation
Release of Sub-Sectoral Trial Index of Services Production (ISP) for May 2026 (Base Year 2024–25)
प्रविष्टि तिथि:
29 JUL 2026 4:00PM by PIB Delhi
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8 out of the 19 sub-sectors recorded double-digit growth in May, 2026 as compared to May, 2025.
16 out of the 19 sub-sectors recorded positive growth in May, 2026.
Top sub-sectors reporting strong growth in May, 2026 were Accommodation and Food (27.4%), Real Estate (17.7%), Retail Trade (13.3%), Banking (12.1%), Telecommunications (11.8%).
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The Ministry of Statistics & Programme Implementation (MoSPI) releases the Index of Services Production (ISP) for the month of May 2026 in respect of 19 sub-sectors, with base year 2024–25. Sub – Sector wise trends in ISPs in May, 2026 over May, 2025 are given below:
|
S. No.
|
Broad Sub -Sector
|
ISP May, 2026
|
Growth in May, 2026 over May, 2025
|
|
1
|
Wholesale Trade
|
118.0
|
3.7%
|
|
2
|
Retail Trade
|
138.1
|
13.3%
|
|
3
|
Repair Services
|
122.4
|
9.8%
|
|
4
|
Accommodation and food
|
148.9
|
27.4%
|
|
5
|
Railway Transport
|
107.3
|
3.4%
|
|
6
|
Road Transport
|
125.9
|
4.4%
|
|
7
|
Water Transport
|
110.6
|
5.6%
|
|
8
|
Air Transport
|
99.9
|
-2.8%
|
|
9
|
Warehousing and support activities for transportation
|
124.9
|
11.5%
|
|
10
|
Postal and Courier
|
98.0
|
-1.0%
|
|
11
|
Telecommunications
|
114.8
|
11.8%
|
|
12
|
Information and Broadcasting
|
100.8
|
-7.6%
|
|
13
|
Banking
|
120.2
|
12.1%
|
|
14
|
Insurance
|
91.1
|
2.7%
|
|
15
|
Real Estate
|
113.3
|
17.7%
|
|
16
|
IT and computer related services
|
109.2
|
10.3%
|
|
17
|
Professional, scientific & technical services including R & D
|
111.7
|
11.0%
|
|
18
|
Administrative and support services
|
106.2
|
5.0%
|
|
19
|
Arts, Entertainment and Recreation Services
|
140.6
|
1.6%
|
The month wise indices for the above sub-sectors from May 2025 are given in Annexure.
Notes:
- The monthly ISPs are being published on an experimental basis. The publication of Trial Series would enable MoSPI to examine data quality, test its resilience and also receive feedback of stakeholders and users.
- The Indices of Railways, Banking and Insurance sub – sectors, are based on provisional monthly data and would undergo revision on an annual basis.
- This Press Release is also available at the Ministry’s Website -http://www.mospi.gov.in.
- The Data of ISP is also available at https://esankhyiki.mospi.gov.in
***
Annexure
Monthly Sub – Sectoral Trial ISPs
|
S. No.
|
Broad Sub -Sector
|
May’25
|
June’25
|
July’25
|
August’25
|
September’25
|
October’25
|
November’25
|
December’25
|
January’26
|
February’26
|
March’26
|
April’26
|
May’26
|
|
1
|
Wholesale Trade
|
113.8
|
106.6
|
113.1
|
111.5
|
133.9
|
136.7
|
117.5
|
127.8
|
143.6
|
132.1
|
142.0
|
119.9
|
118.0
|
|
2
|
Retail Trade
|
121.9
|
117.0
|
118.2
|
116.1
|
133.8
|
153.1
|
122.3
|
138.7
|
145.4
|
138.7
|
155.4
|
137.5
|
138.1
|
|
3
|
Repair Services
|
111.5
|
111.7
|
133.0
|
111.2
|
125.1
|
140.0
|
114.7
|
122.0
|
134.5
|
110.0
|
187.4
|
119.9
|
122.4
|
|
4
|
Accommodation and food
|
116.9
|
128.2
|
127.9
|
129.9
|
124.7
|
136.7
|
148.2
|
166.9
|
150.2
|
148.5
|
148.3
|
138.1
|
148.9
|
|
5
|
Railway Transport
|
103.8
|
102.1
|
98.7
|
101.9
|
97.5
|
99.6
|
100.9
|
105.7
|
107.5
|
99.9
|
112.4
|
99.6
|
107.3
|
|
6
|
Road Transport
|
120.6
|
119.9
|
120.3
|
117.4
|
130.5
|
115.4
|
116.8
|
130.8
|
128.9
|
124.9
|
153.1
|
110.3
|
125.9
|
|
7
|
Water Transport
|
104.7
|
101.4
|
99.9
|
99.7
|
98.9
|
102.0
|
108.0
|
111.1
|
113.0
|
102.3
|
113.6
|
104.9
|
110.6
|
|
8
|
Air Transport
|
102.8
|
97.1
|
95.9
|
98.7
|
95.4
|
105.0
|
113.3
|
113.3
|
117.3
|
107.0
|
102.0
|
89.9
|
99.9
|
|
9
|
Warehousing and support activities for transportation
|
112.0
|
114.8
|
116.4
|
114.1
|
120.5
|
119.0
|
117.4
|
131.4
|
126.6
|
121.3
|
151.7
|
113.0
|
124.9
|
|
10
|
Postal and Courier
|
99.0
|
98.4
|
98.8
|
101.0
|
96.4
|
99.4
|
88.2
|
98.7
|
97.3
|
91.9
|
110.7
|
99.3
|
98.0
|
|
11
|
Telecommunications
|
102.7
|
107.9
|
109.4
|
108.0
|
110.4
|
112.0
|
109.6
|
118.0
|
118.6
|
112.3
|
121.0
|
118.9
|
114.8
|
|
12
|
Information and Broadcasting
|
109.2
|
119.6
|
109.8
|
91.9
|
105.2
|
107.4
|
86.5
|
120.2
|
109.5
|
99.8
|
142.1
|
114.0
|
100.8
|
|
13
|
Banking
|
107.2
|
108.9
|
108.6
|
108.8
|
112.0
|
110.8
|
111.9
|
115.0
|
115.8
|
117.2
|
121.0
|
119.9
|
120.2
|
|
14
|
Insurance
|
88.7
|
107.1
|
114.0
|
92.6
|
118.0
|
105.6
|
96.1
|
116.0
|
116.9
|
96.9
|
168.1
|
110.9
|
91.1
|
|
15
|
Real Estate
|
96.2
|
95.4
|
106.0
|
98.0
|
110.4
|
105.4
|
102.5
|
115.3
|
116.2
|
121.3
|
133.0
|
119.8
|
113.3
|
|
16
|
IT and computer related services
|
99.0
|
115.3
|
107.6
|
102.3
|
121.4
|
109.7
|
107.7
|
137.4
|
111.7
|
109.2
|
146.5
|
112.2
|
109.2
|
|
17
|
Professional, scientific & technical services including R & D
|
100.6
|
112.5
|
105.3
|
98.8
|
116.5
|
111.7
|
108.5
|
127.5
|
109.4
|
106.0
|
166.8
|
106.3
|
111.7
|
|
18
|
Administrative and support services
|
101.2
|
106.4
|
111.3
|
105.0
|
120.4
|
115.2
|
104.0
|
122.9
|
115.9
|
106.6
|
156.5
|
120.4
|
106.2
|
|
19
|
Arts, Entertainment and Recreation Services
|
138.4
|
112.4
|
105.3
|
117.2
|
98.5
|
120.1
|
98.2
|
131.5
|
119.8
|
110.1
|
147.6
|
127.5
|
140.6
|
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