Topic
economic indicator
Business Housing Sales Fall 6% in Major Indian Cities Amid Price Rise and Subdued Demand
Housing sales across seven major Indian cities fell 6% year-over-year to 90,715 units in the April-June 2026 quarter, according to Anarock data, amid rising prices and economic uncertainties. Average prices rose 7% annually. The data contrasts with a PropEquity report showing 19% growth.
Business India to Launch Services Production Index on July 14, Excluding Health and Education
India will debut the Index of Services Production (ISP) on July 14, 2026, providing a high-frequency indicator for the services sector. The index covers nearly two-thirds of services GVA but excludes health, education, informal services, and non-market services. A NITI Aayog panel led by Debjani Ghosh recommended a trial release with sub-sectoral indices and a 60-day lag.
Logistics Cass Report: Freight Volume Recovery On Track for Second Half of 2026
The Cass Freight Index multimodal shipments component fell just 1.2% year over year in May, the smallest decline in 18 months, signaling a volume recovery in the second half of 2026. Expenditures jumped 7.5% YoY and the TL linehaul index rose 6.9% YoY, the largest gain in nearly four years. Supply constraints from tighter enforcement of driver rules are pushing rates higher.