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
Posted On:
24 AUG 2026 12:00PM by PIB Delhi
The Provisional Estimates of Service Producer Price Indices for Q1 of FY 2026-27 and Final Estimates for Q4 of FY 2025-26 are as below: -
|
S. No.
|
Service PPI
|
Q4: 2025-26 (F)
|
Q1: 2026-27 (P)
|
|
1.
|
Securities Transaction Service Price Index
|
91.7
|
89.9
|
|
2.(a)
|
Banking Service Price Index
|
100.5
|
100.9
|
|
2.(b)
|
Banking Service Contribution Index
|
131.5
|
134.8
|
|
3.
|
Management of Pension Funds Service Price Index
|
103.8
|
113.3
|
|
4.
|
Insurance Service Price Index
|
102.9
|
102.9
|
|
5.
|
Telecom Service Price Index
|
112.2
|
112.2
|
|
6.
|
Railway Service Price Index
|
103.3
|
103.4
|
|
6.(a)
|
Railway Freight Service Price Index
|
103.2
|
103.3
|
|
6.(b)
|
Railway Passenger Service Price Index
|
103.5
|
103.5
|
|
7.
|
Air (Passenger) Service Price Index
|
106.9
|
126.4
|
(P)-Provisional, (F)-Final
Note: Weights have not been assigned to aforementioned services as these services do not cover the entire service sector. However, sub-service level weights under each service, have been computed using the data of FY 2022-23 for arriving at the PPI of respective Services.
- The Service Producer Price Indices (Base Year 2022-23) and the Year-on-Year (YoY) inflation rate of the seven services for last four quarters are given at Annexure.
- Quarterly Service PPIs from Q1 of FY 2023-24 to Q1 of FY 2026-27 are available at (https://eaindustry.nic.in/download_data_2223.asp)
Service PPIs for seven services for Q2 of FY 2026-27 will be released on Wednesday, 25th November 2026.
Annexure
Service PPIs (Base Year 2022-23) for last four Quarters
|
S. No.
|
Service PPI
|
Q2: 2025-26 (F)
|
Q3: 2025-26 (F)
|
Q4: 2025-26 (F)
|
Q1: 2026-27 (P)
|
|
1.
|
Securities Transaction Service Price Index
|
92.4
|
89.2
|
91.7
|
89.9
|
|
2.(a)
|
Banking Service Price Index
|
103.6
|
102.2
|
100.5
|
100.9
|
|
2.(b)
|
Banking Service Contribution Index
|
129.7
|
132.0
|
131.5
|
134.8
|
|
3.
|
Management of Pension Funds Service Price Index
|
108.4
|
106.3
|
103.8
|
113.3
|
|
4.
|
Insurance Service Price Index
|
102.7
|
102.0
|
102.9
|
102.9
|
|
5.
|
Telecom Service Price Index
|
111.6
|
112.2
|
112.2
|
112.2
|
|
6.
|
Railway Service Price Index
|
101.3
|
102.6
|
103.3
|
103.4
|
|
6.(a)
|
Railway Freight Service Price Index
|
101.3
|
103.2
|
103.2
|
103.3
|
|
6.(b)
|
Railway Passenger Service Price Index
|
101.3
|
101.3
|
103.5
|
103.5
|
|
7.
|
Air (Passenger) Service Price Index
|
94.3
|
107.3
|
106.9
|
126.4
|
(P)-Provisional, (F)-Final
Year-on-Year Inflation Rate for last four Quarters for Service PPIs (Base Year 2022-23)
|
S. No.
|
Service PPI
|
Q2: 2025-26 (F)
|
Q3: 2025-26 (F)
|
Q4: 2025-26 (F)
|
Q1: 2026-27 (P)
|
|
1.
|
Securities Transaction Service Price Index
|
-5.81
|
-4.80
|
0.55
|
-1.32
|
|
2.(a)
|
Banking Service Price Index
|
-2.81
|
-4.31
|
-4.10
|
-3.35
|
|
2.(b)
|
Banking Service Contribution Index
|
2.13
|
2.56
|
3.30
|
6.90
|
|
3.
|
Management of Pension Funds Service Price Index
|
1.59
|
-0.56
|
-0.76
|
5.20
|
|
4.
|
Insurance Service Price Index
|
0.10
|
-3.04
|
0.68
|
0.98
|
|
5.
|
Telecom Service Price Index
|
0.45
|
0.99
|
0.99
|
0.72
|
|
6.
|
Railway Service Price Index
|
-0.20
|
0.49
|
1.18
|
1.27
|
|
6.(a)
|
Railway Freight Service Price Index
|
-0.88
|
0.00
|
0.00
|
0.10
|
|
6.(b)
|
Railway Passenger Service Price Index
|
1.30
|
1.30
|
3.50
|
3.50
|
|
7.
|
Air (Passenger) Service Price Index
|
-
|
-
|
-
|
31.94
|
(P)-Provisional, (F)-Final
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