Index of Services Production August 2026 Released
Ministry of Statistics & Programme Implementation · Economy · Posted 29 OCT 2026 4:00PM
What happened
The Ministry of Statistics & Programme Implementation (MoSPI) released the trial Index of Services Production (ISP) for August 2026 across 19 sub-sectors with a base year of 2024–25 on an experimental basis.
Why it matters for UPSC
This release is important for UPSC as it relates to national economic indicators, macroeconomic monitoring, and statistical measurement under the Indian economy syllabus.
Key objectives
- Releases the Index of Services Production (ISP) for August 2026 across 19 sub-sectors with base year 2024–25.
- Publishes monthly ISPs on an experimental basis to examine data quality, test resilience, and receive stakeholder feedback.
- Notes that indices for Railways, Banking, and Insurance sub-sectors are based on provisional monthly data and are subject to annual revision.