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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan Thomson Reuters IPSOS PCSI climbed to 38.52 in May 2026
FMPMonthlyReleased June 2026
Japan Thomson Reuters IPSOS PCSI climbed to 38.52 in May 2026, released June 2026, up 0.7 from April's 37.82 reading.
Latest Release
38.520000
Actual
—
Consensus
37.820000
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 |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.61 | FOREX | Bearish USD | → View |
| S&P 500 | ▲ Direct | +0.53 | INDEX | Bullish S&P 500 | → View |
| Nikkei 225 | ▼ Inverse | −0.51 | INDEX | Bearish Nikkei 225 | → View |
| Hang Seng | ▼ Inverse | −0.49 | INDEX | Bearish Hang Seng | → View |
| XAU/USD | ▼ Inverse | −0.42 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Thomson Reuters IPSOS PCSI (Japan) was reported at 38.52 in June 2026. The reading rose from the previous value of 37.82. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 39.36, ranging from 35.21 to 42.42 across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 39.59, down from the prior three at 41.22.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bearish USD). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Core Inflation Rate YoY (Jun 18) and Inflation Rate YoY (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Thomson Reuters IPSOS PCSI - JP
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About Thomson Reuters IPSOS PCSI — Japan
DEFINITION
Japan's Thomson Reuters IPSOS PCSI rose to 38.52 in June from May's 37.82, marking a modest increase. The index remains below the 50 threshold, indicating continued contraction in consumer sentiment. Market participants will watch upcoming economic data for further clarity on Japan's recovery trajectory. Updated 6/12/26
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 38.52. Prior reading (May 2026): 37.82. Before that (Apr 2026): 37.7.
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 USD/JPY (Bearish USD, r=-0.61) — a useful reference for forex-focused traders.