Ministry of Commerce & Industry
PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26
PrelimsMainsGS3EconomyReports/Indices
Source-grounded summary
The Ministry of Commerce & Industry released the provisional estimates of Service Producer Price Indices (PPI) with a base year of 2022-23 for the first quarter (Q1) of FY 2026-27, alongside final estimates for the fourth quarter (Q4) of FY 2025-26. The data covers seven key services: securities transactions, banking, management of pension funds, insurance, telecom, railways, and air passenger transport. The source notes that overall weights have not been assigned to these specific services as they do not cover the entire service sector, though sub-service level weights using FY 2022-23 data have been computed for individual service indices.