MoSPI sharpens GST-based retail-sales tracking as new surveys roll out
MoSPI says its GST-based Trial Index of Services Production can help track retail trade and consumption. Nationwide household-income and incorporated-services surveys began in April 2026, with findings expected by mid-2027.
MoSPI says its GST-based Trial Index of Services Production for retail trade can track retail sales and consumption. The ministry’s first nationwide household-income survey and incorporated-services survey are underway, with results expected by mid-2027.
Why this matters
No related recent MoSPI signals were supplied. The update establishes a baseline for linking GST-based services data with new household and business surveys to track retail trade and consumption.
Retail-company signals are accelerating, up 1,099,800% QoQ.