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How fast are trade, hotels, transport and communication growing?

8.5%
Q1 2026-27▼ 4.4 vs Q4 2025-26

MoSPI · released 31 Aug 2026 · next due by 30 Nov 2026

How fast are trade, hotels, transport and communication growing?
PeriodValue (%)
Q1 2026-278.5
Q4 2025-2612.9
Q3 2025-2611.7
Q2 2025-2610.6
Q1 2025-269.8
Q4 2024-255.9
Q3 2024-256.7
Q2 2024-257.5
Q1 2024-258.1
Q4 2023-2412.2
Q3 2023-2410.9
Q2 2023-2410.8
Q1 2023-2412.1

Use in your answer

India's trade, hotels, transport and communication services grew 8.5% in real terms (GVA) in Q1 2026-27, compared with 12.9% in Q4 2025-26. Source: MoSPI, Quarterly Estimates of GDP (base 2022-23).

Cite as: Quarterly Estimates of GDP (National Accounts Statistics) (NSO, MoSPI), Q1 2026-27

What this shows

  • This services group grew 8.5% in real terms in Q1 (April–June) 2026-27, down from 12.9% in Q4 2025-26 and 9.8% a year earlier; at current prices it grew 14.0%.
  • Indicators for the quarter were mixed: commercial vehicle sales rose 18.3% and railway passenger-km 8.3%, while international air traffic fell 19.5% (press note annexure, 31 August 2026).
  • Growth ran above 10% in every quarter of 2023-24, slowed to 5.9–8.1% through 2024-25, then picked up again in 2025-26.

Cite this

Quarterly Estimates of GDP (National Accounts Statistics) (NSO, MoSPI), Q1 2026-27

Cite a fixed version from every published version below.

Source and method

Source
MoSPI, Quarterly Estimates of GDP (base 2022-23)
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
Released
31 Aug 2026
Retrieved
18 Oct 2026
Next due
by 30 Nov 2026
Processing
Copied as published.
Licence
GODL-India
What exactly is measured

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.

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History: every published version

Each time the source changes this series we archive the full series as it stood, with an archived copy of the source, and never delete an old version. Each version has a permanent page you can cite. Recorded since 18 Oct 2026: 1 version.

No figure in this series has been revised since we began recording on 18 Oct 2026.

  1. 13 periods, latest Q1 2026-27: 8.5% · first snapshotArchived source0979b96833ca
Release notes (1)
  • 8.5%Q1 2026-27, first estimate

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Excel (Data → From Web): https://india.tf/c/eco-trade-029/data.csv

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R: read.csv("https://india.tf/c/eco-trade-029/data.csv")

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