FX.co ★ China’s Consumer Sentiment Softens Slightly in March, PCSI Edges Down to 72.46

China’s Thomson Reuters/Ipsos Primary Consumer Sentiment Index (PCSI) slipped marginally in March 2026, signalling a modest cooling in consumer confidence. The index eased to 72.46 in March from 72.82 in February 2026, according to data updated on 13 March 2026.

While the decline is slight, the movement suggests Chinese consumers are showing a bit more caution compared to the previous month. The PCSI reading remains elevated by historical standards, indicating that overall sentiment is still relatively robust even as momentum has moderated. Investors and policymakers will be watching upcoming releases closely to see whether March’s dip marks the start of a trend or a brief pause in consumer optimism.