Monthly services output index ISP to be released with 60-day lag with base year 2024-25
India's Ministry of Statistics has announced a new Index of Services Production (ISP) to track the growth of the services sector. The index will be released with a 60-day lag and uses 2024-25 as the base year.
Why it matters
This new macroeconomic indicator provides a more comprehensive view of India's economic health, specifically targeting the vital services industry.
The new index measuring the output of the country’s services industry, with 2024-25 as the base year, will be released each month with a 60-day lag, the Statistics Ministry said in a list of frequently asked questions (FAQs) on Wednesday (June 24, 2026).
The article is a straightforward reporting of government policy and economic data methodology.
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