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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Thomson Reuters IPSOS PCSI fell to 41.42 in August 2026
FMPMonthlyReleased September 2026
Germany Thomson Reuters IPSOS PCSI fell to 41.42 in August 2026, released September 2026, down 0.71 from July's 42.13 reading.
Latest Release
41.420000
Actual
—
Consensus
42.130000
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/GBP | ▲ Direct | +0.57 | FOREX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.43 | INDEX | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.32 | INDEX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.26 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Thomson Reuters IPSOS PCSI (Germany) was reported at 42.37 in October 2026. The reading rose from the previous value of 41.42. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 44.08, ranging from 40.67 to 47.07 across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 41.94, down from the prior three at 42.87. Volatility over the past year (σ 2.29) is higher than the prior year (σ 1.26).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/GBP (Bullish EUR). A secondary relationship exists with Euro STOXX 50, positively correlated (Bullish Euro STOXX 50).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Bundesbank Nagel Speech (Oct 17) and Producer Price Index YoY (Oct 20).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Thomson Reuters IPSOS PCSI - DE
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About Thomson Reuters IPSOS PCSI — Germany
DEFINITION
Germany’s Thomson Reuters IPSOS PCSI rose to 42.370000 in October from September’s 41.420000, marking a modest improvement. The index remains below the 50 threshold, indicating continued contraction in the sector. Market participants will watch upcoming data for signs of stabilization amid persistent economic challenges. 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 42.37. Prior reading (Sep 2026): 41.42. Before that (Aug 2026): 42.13.
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 tailwind in the current projection. This indicator correlates most strongly with EUR/GBP (Bullish EUR, r=0.57) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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