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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South AfricaSouth Africa Thomson Reuters IPSOS PCSI fell to 46.23 in May 2026
FMPMonthlyReleased June 2026
South Africa Thomson Reuters IPSOS PCSI fell to 46.23 in May 2026, released June 2026, down 2.48 from April's 48.71 reading.
Latest Release
46.230000
Actual
—
Consensus
48.710000
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 | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.59 | FOREX | Bullish EUR | → View |
| USD/ZAR | ▼ Inverse | −0.39 | FOREX | Bearish USD | → View |
| S&P 500 | ▼ Inverse | −0.34 | INDEX | Bearish S&P 500 | → View |
| XAU/USD | ▲ Direct | +0.33 | COMMODITIES | Bullish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Thomson Reuters IPSOS PCSI (South Africa) was reported at 46.23 in June 2026. The reading fell from the previous value of 48.71. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 46.88, ranging from 43.45 to 49.27 across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 47.48, down from the prior three at 48.54.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). A secondary relationship exists with USD/ZAR, negatively correlated (Bearish USD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate MoM (Jun 17) and Inflation Rate YoY (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Thomson Reuters IPSOS PCSI - ZA
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About Thomson Reuters IPSOS PCSI — South Africa
DEFINITION
South Africa's Thomson Reuters IPSOS PCSI fell to 46.230000 in June from May's 48.710000, marking a notable decline. The index dropped below the 50 threshold, signaling contraction compared to the previous month. Market participants will watch for further data to assess the persistence of this downward trend. Updated 6/11/26
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 (Jun 2026): actual 46.23. Prior reading (May 2026): 48.71. Before that (Apr 2026): 48.49.
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 EUR/USD (Bullish EUR, r=0.59) — a useful reference for forex-focused traders.