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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia Thomson Reuters IPSOS PCSI climbed to 66.57 in April 2026
FMPMonthlyReleased May 2026
India Thomson Reuters IPSOS PCSI climbed to 66.57 in April 2026, released May 2026, up 0.4 from March's 66.17 reading.
Latest Release
66.570000
Actual
—
Consensus
66.170000
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 |
|---|---|---|---|---|---|
| Nikkei 225 | ▼ Inverse | −0.62 | INDEX | Bearish Nikkei 225 | → View |
| USD/INR | ▲ Direct | +0.44 | FOREX | Bullish USD | → View |
| BTC/USD | ▼ Inverse | −0.44 | CRYPTO | Bearish BTC | → View |
| NIFTY 50 | ▲ Direct | +0.32 | INDEX | Bullish NIFTY 50 | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Bullish S&P 500 | → 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 66.57 in May 2026. The reading rose from the previous value of 66.17. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 59.34, ranging from 56.37 to 66.57 across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 60.07, down from the prior three at 60.36.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Nikkei 225 (Bearish Nikkei 225). A secondary relationship exists with USD/INR, positively correlated (Bullish USD).
WHAT TO WATCH NEXT
The next release is scheduled for June 12, 2026. Same-country events in the next 14 days include Inflation Rate YoY (Jun 12) and CPI YoY (Jun 12).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Thomson Reuters IPSOS PCSI - IN
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About Thomson Reuters IPSOS PCSI — India
DEFINITION
India's Thomson Reuters IPSOS PCSI rose to 66.570000 in May, up from April's 66.170000, indicating continued strength in consumer sentiment. The index has rebounded sharply from March's 57.26, reflecting sustained optimism. Market participants will watch upcoming economic data for confirmation of this positive trend. Updated 5/15/26
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 (May 2026): actual 66.57. Prior reading (Apr 2026): 66.17. Before that (Mar 2026): 57.26.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher 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 Nikkei 225 (Bearish Nikkei 225, r=-0.62) — a useful reference for index-focused traders.