New Delhi, June 25 -- The Ministry of Statistics and Programme Implementation (MoSPI) will release India's first-ever monthly Index of Services Production (ISP) on July 14, 2026, providing a high-frequency indicator to track output in the country's services sector.

The inaugural release will include the index for April 2026. Thereafter, the ISP will be published on the 29th of every month with a 60-day time lag, the ministry said.

Services Sector Gets an IIP-Like Output Tracker

Conceived as the services-sector equivalent of the Index of Industrial Production (IIP), the ISP is aimed at measuring short-term changes in services-sector activity, which contributes more than 50 percent of India's Gross Value Added (GVA), reported Business St...