Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SpainSpain Thomson Reuters IPSOS PCSI climbed to 49.7 in May 2026
FMPMonthlyReleased June 2026
Spain Thomson Reuters IPSOS PCSI climbed to 49.7 in May 2026, released June 2026, up 3.08 from April's 46.62 reading.
Latest Release
49.700000
Actual
—
Consensus
46.620000
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 | Signal Bias | Action |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.51 | CRYPTO | Bearish BTC | → View |
| EUR/USD | ▼ Inverse | −0.42 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.38 | FOREX | Bullish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Thomson Reuters IPSOS PCSI (Spain) was reported at 49.70 in June 2026. The reading rose from the previous value of 46.62. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 49.56, ranging from 46.62 to 51.71 across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 49.18, down from the prior three at 49.59.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (Jun 23) and Gross Domestic Product QoQ (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
Thomson Reuters IPSOS PCSI - ES
Loading chart data...
About Thomson Reuters IPSOS PCSI — Spain
DEFINITION
Spain's Thomson Reuters IPSOS PCSI rose to 49.700000 in June, rebounding sharply from May's 46.620000 and signaling a move closer to expansion territory. The index climbed from April's 47.16, marking a notable improvement after two months below 50. Market participants will watch if this momentum sustains amid ongoing economic uncertainties. Updated 6/11/26
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 49.7. Prior reading (May 2026): 46.62. Before that (Apr 2026): 47.16.
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. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.51) — a useful reference for crypto-focused traders.