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

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