31-July-2026
Economy News
 
Services index shows 16 sub-sectors recorded double-digit growth in May
30-Jul-2026

The government on Wednesday released the second sub-sectoral trial Index of Services Production, which showed eight out of the 19 sub-sectors of formal services recorded double-digit growth in May 2026. The Ministry of Statistics & Programme Implementation (MoSPI) released the Index of Services Production (ISP) for May 2026 on 19 sub-sectors, with base year 2024-25. Except for air transport, post & courier and information and broadcasting, all the categories recorded positive growth in May 2026 on an annual basis, according to the trial ISP with a base year of 2024-25, a statement by the statistics ministry said.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/services-index-shows-16-sub-sectors-recorded-double-digit-growth-in-may/articleshow/132715009.cms
 
 
 

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