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 |
