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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BelgiumBelgium Thomson Reuters IPSOS PCSI fell to 39.53 in September 2026
FMPMonthlyReleased October 2026
Belgium Thomson Reuters IPSOS PCSI fell to 39.53 in September 2026, released October 2026, down 2.08 from August's 41.61 reading.
Latest Release
39.530000
Actual
—
Consensus
41.610000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▼ Inverse | −0.54 | FOREX | Moves against | → View |
| USD/JPY | ▲ Direct | +0.46 | FOREX | Moves with | → View |
| GBP/USD | ▼ Inverse | −0.40 | FOREX | Moves against | → View |
| BTC/USD | ▲ Direct | +0.27 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Thomson Reuters IPSOS PCSI (Belgium) was reported at 39.53 in October 2026. The reading fell from the previous value of 41.61. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 42.88, ranging from 39.53 to 45.07 across 11 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 41.38, down from the prior three at 42.87. Volatility over the past year (σ 1.63) is higher than the prior year (σ 1.27).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/USD (Bearish EUR). A secondary relationship exists with USD/JPY, positively correlated (Bullish USD).
WHAT TO WATCH NEXT
The next release is scheduled for November 12, 2026.
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Thomson Reuters IPSOS PCSI - BE
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About Thomson Reuters IPSOS PCSI — Belgium
DEFINITION
Belgium's Thomson Reuters IPSOS PCSI fell to 39.530000 in October from September's 41.610000, marking a continued decline. The index remains below the 50 threshold, indicating contraction in sentiment. Market participants will watch upcoming data for signs of stabilization amid persistent weakness. Updated 10/15/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2026): actual 39.53. Prior reading (Sep 2026): 41.61. Before that (Aug 2026): 43.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/USD (Bearish EUR, r=-0.54) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - BE Events
| Tuesday, November 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 17:00 | BE | New Car Sales YoY | 1.9 | 3.6 | -1.35 | Low | |
| Wednesday, November 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 17:00 | BE | New Car Sales YoY | 1.9 | 3.6 | -1.35 | Low | |