{
  "id": "eco-trade-029",
  "question": "How fast are trade, hotels, transport and communication growing?",
  "topic": "Economy",
  "unit": "%",
  "decimals": 1,
  "measures": "Year-on-year growth in real gross value added by trade, repair, hotels and restaurants, transport, storage, communication and broadcasting services, by quarter of the financial year, at constant 2022-23 prices. The latest quarter is a first estimate.",
  "verified": true,
  "source": {
    "name": "MoSPI, Quarterly Estimates of GDP (base 2022-23)",
    "url": "https://www.mospi.gov.in/uploads/latestReleases/latest_release_1788172583113_d65a77cf-240e-4491-82ee-59f78618fa41_Press_Note_on_GDP_Estimates_for_Q1_2026-27.pdf",
    "table": "GVA at basic prices, 3.1 Trade, Hotels, Transport, Communication & Services related to Broadcasting, Storage: press note Q1 2026-27, Statement 1; NAS 2026 Statement 8.18.1",
    "licence": "GODL-India"
  },
  "released": "2026-08-31",
  "retrieved": "2026-10-18",
  "nextDueBy": "2026-11-30",
  "processing": "Copied as published.",
  "exam": {
    "publisher": "National Statistics Office (NSO), Ministry of Statistics and Programme Implementation",
    "survey": "Quarterly Estimates of GDP (National Accounts Statistics)",
    "baseYear": "2022-23",
    "frequency": "Quarterly, about two months after the quarter ends (Q1 = April–June)",
    "measures": "Year-on-year growth of real gross value added in trade, repair, hotels and restaurants, transport, storage, communication and broadcasting services, at constant 2022-23 prices",
    "notes": [
      "The new national accounts series with base year 2022-23 was released on 27 February 2026, replacing the 2011-12 base; growth rates from the two series are not comparable.",
      "Quarterly estimates use the benchmark-indicator method: the previous year's estimates are extrapolated with indicators of each sector's performance (MoSPI press note, Q1 2026-27).",
      "On 31 August 2026 MoSPI updated every quarter from Q1 2022-23 to Q4 2025-26 with the new Output Producer Price Index and the IIP on base 2022-23."
    ]
  },
  "targets": [],
  "values": [
    {
      "period": "Q1 2023-24",
      "start": "2023-04",
      "end": "2023-06",
      "value": 12.1
    },
    {
      "period": "Q2 2023-24",
      "start": "2023-07",
      "end": "2023-09",
      "value": 10.8
    },
    {
      "period": "Q3 2023-24",
      "start": "2023-10",
      "end": "2023-12",
      "value": 10.9
    },
    {
      "period": "Q4 2023-24",
      "start": "2024-01",
      "end": "2024-03",
      "value": 12.2
    },
    {
      "period": "Q1 2024-25",
      "start": "2024-04",
      "end": "2024-06",
      "value": 8.1
    },
    {
      "period": "Q2 2024-25",
      "start": "2024-07",
      "end": "2024-09",
      "value": 7.5
    },
    {
      "period": "Q3 2024-25",
      "start": "2024-10",
      "end": "2024-12",
      "value": 6.7
    },
    {
      "period": "Q4 2024-25",
      "start": "2025-01",
      "end": "2025-03",
      "value": 5.9
    },
    {
      "period": "Q1 2025-26",
      "start": "2025-04",
      "end": "2025-06",
      "value": 9.8
    },
    {
      "period": "Q2 2025-26",
      "start": "2025-07",
      "end": "2025-09",
      "value": 10.6
    },
    {
      "period": "Q3 2025-26",
      "start": "2025-10",
      "end": "2025-12",
      "value": 11.7
    },
    {
      "period": "Q4 2025-26",
      "start": "2026-01",
      "end": "2026-03",
      "value": 12.9
    },
    {
      "period": "Q1 2026-27",
      "start": "2026-04",
      "end": "2026-06",
      "value": 8.5
    }
  ],
  "page": "https://india.tf/c/eco-trade-029/",
  "csv": "https://india.tf/c/eco-trade-029/data.csv",
  "versions": "https://india.tf/c/eco-trade-029/versions.csv"
}