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Spain Thomson Reuters IPSOS PCSI fell to 46.82 in August 2026, released September 2026, down 1.65 from July's 48.47 reading.
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).
Thomson Reuters IPSOS PCSI (Spain) was reported at 46.82 in September 2026. The reading fell from the previous value of 48.47. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 49.41, ranging from 46.62 to 51.71 across 11 releases.
The indicator has been trending downward over the last three releases. The trailing three releases averaged 48.64, down from the prior three at 49.18. Volatility over the past year (σ 1.53) is higher than the prior year (σ 1.08).
Same-country events in the next 14 days include Inflation Rate MoM (Sep 29) and Inflation Rate YoY (Sep 29).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
Spain's Thomson Reuters IPSOS PCSI fell to 46.82 in September from August's 48.47, marking a continued contraction below the 50 threshold. The decline signals weakening consumer sentiment after a brief rebound in July and June. Market participants will watch upcoming economic data for further clarity on Spain's growth trajectory. Updated 9/10/26
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.
Latest reading (Sep 2026): actual 46.82. Prior reading (Aug 2026): 48.47. Before that (Jul 2026): 50.64.
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.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
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| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | Harmonised Inflation Rate MoM | 0.7 | 0 | 0.6 | 0.65 | Low | |
| 07:00 | Inflation Rate YoY | 4.3 | 3.6 | 4.3 | 4.30 | Low | |
| 07:00 | Harmonised Inflation Rate YoY | 4.6 | 3.9 | 4.5 | 4.55 | Low | |
| 07:00 | Inflation Rate MoM | 0.7 | 0.3 | 0.7 | 0.70 | Low | |
| 07:00 | Core Inflation Rate YoY | 2.9 | 3 | 2.9 | 2.90 | Low | |