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Services index shows 16 sub-sectors recorded double-digit growth in May
Eight services sub-sectors recorded double-digit growth in May 2026. Accommodation and Food services saw a significant 27.4 percent increase. Real Estate and Retail Trade also experienced strong positive growth. Air transport and Information and Broadcasting sectors contracted during this period. The Ministry of Statistics released this trial index on an experimental basis.
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economictimes.indiatimes.com
Services index shows 16 sub-sectors recorded double-digit growth in May
Eight services sub-sectors recorded double-digit growth in May 2026. Accommodation and Food services saw a significant 27.4 percent increase. Real Estate and Retail Trade also…
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thehindubusinessline.com
Services sector showed moderation in May due to lower growth in retail trade, road transport, IT and admin & support
India's services sector showed growth moderation in May, with only 8 of 19 sub-sectors achieving double-digit growth, led by accommodation and food.
