Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly Thomson Reuters IPSOS PCSI climbed to 45.85 in June 2026
FMPMonthlyReleased July 2026
Italy Thomson Reuters IPSOS PCSI climbed to 45.85 in June 2026, released July 2026, up 2.14 from May's 43.71 reading.
Latest Release
45.850000
Actual
—
Consensus
43.710000
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 |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.44 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.42 | INDEX | Moves with | → View |
| DAX | ▲ Direct | +0.36 | INDEX | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.28 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Thomson Reuters IPSOS PCSI (Italy) was reported at 45.85 in July 2026. The reading rose from the previous value of 43.71. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 45.94, ranging from 43.38 to 48.07 across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 44.31, down from the prior three at 47.76. Volatility over the past year (σ 1.48) is comparable than the prior year (σ 1.38).
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with Euro STOXX 50, positively correlated (Bullish Euro STOXX 50).
WHAT TO WATCH NEXT
The next release is scheduled for August 13, 2026. Same-country events in the next 14 days include S&P Global Manufacturing PMI (Aug 3) and Retail Sales MoM (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Thomson Reuters IPSOS PCSI - IT
Loading chart data...
About Thomson Reuters IPSOS PCSI — Italy
DEFINITION
Italy’s Thomson Reuters IPSOS PCSI rose to 45.850000 in July, up from June’s 43.710000, signaling a rebound after two months of contraction below 50. The increase from June’s 43.71 to July’s 45.85 reflects a partial recovery but remains below the 50 threshold, indicating ongoing economic weakness. Market participants will watch upcoming data for confirmation of sustained improvement amid cautious central bank policies. Updated 7/11/26
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 (Jul 2026): actual 45.85. Prior reading (Jun 2026): 43.71. Before that (May 2026): 43.38.
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 S&P 500 (Bullish S&P 500, r=0.44) — a useful reference for index-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 - IT Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | IT | Gross Domestic Product YoY | 1 | 0.8 | 0.7 | 0.85 | Low |
| 08:00 | IT | GDP Growth Rate QoQ | 0.2 | 0.3 | 0.1 | 0.15 | High |
| 08:00 | IT | GDP Growth Rate YoY | 1 | 0.8 | 0.7 | 0.85 | High |
| 08:00 | IT | Gross Domestic Product QoQ | 0.2 | 0.3 | 0.1 | 0.15 | Low |
| 09:00 | IT | Unemployment Rate | 5.7 | 5.3 | 5.1 | 5.40 | Medium |
| 10:00 | IT | Producer Price Index YoY | 5.8 | 7.3 | 5.4 | 5.60 | Low |
| 10:00 | IT | Producer Price Index MoM | 0 | -0.2 | -0.4 | -0.20 | Low |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:00 | IT | Business Confidence | 89.6 | 88.6 | 88.9 | 89.25 | Medium |
| 08:00 | IT | Consumer Confidence | 94.2 | 92.4 | 92.5 | 93.35 | Medium |