FX.co ★ Indian Consumer Sentiment Softens in October as Thomson Reuters IPSOS PCSI Slips to 64.32

India’s consumer confidence eased in October 2026, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) edging down to 64.32 from 66.92 in September 2026, based on the latest data updated on 16 October 2026.

On a month-over-month basis, the October reading reflects a decline in sentiment compared with September, when the index had previously stood at 66.92. The “Actual” comparison highlights the shift from September to October, while the “Previous” comparison refers to the change seen in September relative to August, offering a sequential view of how consumer sentiment is adjusting over time.

The moderation in the index suggests a cooling in household confidence as the fourth quarter begins, with October’s lower reading indicating that consumers are somewhat less upbeat than they were a month earlier. However, the PCSI level remains well above the neutral 50 mark, signaling that overall sentiment in India is still in positive territory despite the month-on-month pullback.