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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Thomson Reuters IPSOS PCSI climbed to 48.95 in May 2026
FMPMonthlyReleased June 2026
Canada Thomson Reuters IPSOS PCSI climbed to 48.95 in May 2026, released June 2026, up 1.37 from April's 47.58 reading.
Latest Release
48.950000
Actual
—
Consensus
47.580000
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 | −0.40 | FOREX | Moves against | → View |
| AUD/CAD | ▼ Inverse | −0.31 | FOREX | Moves against | → View |
| S&P/TSX Composite | ▼ Inverse | −0.29 | INDEX | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.29 | COMMODITIES | Moves against | → View |
| CAD/JPY | ▲ Direct | +0.28 | FOREX | 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 (Canada) was reported at 48.95 in June 2026. The reading rose from the previous value of 47.58. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 48.00, ranging from 46.43 to 49.37 across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 48.63, up from the prior three at 47.72. Volatility over the past year (σ 0.88) is lower than the prior year (σ 1.48).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/USD (Bearish EUR). A secondary relationship exists with AUD/CAD, negatively correlated (Bearish AUD).
WHAT TO WATCH NEXT
The next release is scheduled for August 12, 2026. Same-country events in the next 14 days include Balance of Trade (Aug 4) and S&P Global Manufacturing PMI (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Thomson Reuters IPSOS PCSI - CA
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About Thomson Reuters IPSOS PCSI — Canada
DEFINITION
Canada's Thomson Reuters IPSOS PCSI rose to 48.95 in June from May's 47.58, marking a clear upward trend. The index remains below the 50 threshold, indicating continued contraction despite the improvement. Market participants will watch upcoming economic data for further signs of stabilization. Updated 6/10/26
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 (Jun 2026): actual 48.95. Prior reading (May 2026): 47.58. Before that (Apr 2026): 45.59.
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 bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
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Economic Calendar - CA Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | CA | Average Weekly Earnings | 3.4 | 3.67 | 3.7 | 3.55 | Low |