Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia Thomson Reuters IPSOS PCSI fell to 64.32 in September 2026
FMPMonthlyReleased October 2026
India Thomson Reuters IPSOS PCSI fell to 64.32 in September 2026, released October 2026, down 2.6 from August's 66.92 reading.
Latest Release
64.320000
Actual
—
Consensus
66.920000
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 |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.40 | COMMODITIES | Moves against | → View |
| Nikkei 225 | ▼ Inverse | −0.38 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.34 | CRYPTO | 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 (India) was reported at 64.32 in October 2026. The reading fell from the previous value of 66.92. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 62.61, ranging from 56.37 to 67.08 across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 65.50, down from the prior three at 65.83. Volatility over the past year (σ 3.69) is higher than the prior year (σ 1.15).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with Nikkei 225, negatively correlated (Bearish Nikkei 225).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate YoY (Nov 12).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
Thomson Reuters IPSOS PCSI - IN
Loading chart data...
About Thomson Reuters IPSOS PCSI — India
DEFINITION
India's Thomson Reuters IPSOS PCSI for October registered 64.320000, down from September's 66.920000, indicating a contraction in sentiment. The index fell by 2.6 points month-over-month, reversing the prior upward trend seen in August and September. Market participants will watch for further data to gauge momentum amid mixed economic signals. Updated 10/16/26
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 64.32. Prior reading (Sep 2026): 66.92. Before that (Aug 2026): 65.26.
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 XAU/USD (Bearish XAU, r=-0.40) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IN Events
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 10:30 | IN | Government Budget Value | -7144.1 | -7102.5 | -6800 | -6972.05 | Low |
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 05:00 | IN | S&P Global Manufacturing PMI | 54.9 | 54.7 | 54.50 | Low | |