FX.co ★ Belgian Consumer Sentiment Softens in November as Thomson Reuters IPSOS PCSI Edges Lower

Belgium’s consumer confidence eased in November 2026, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) slipping to 38.95 from 39.53 in October 2026. The latest reading, updated on 12 November 2026, points to a modest month-over-month deterioration in household sentiment.

The month-over-month comparison shows that the current figure is slightly weaker than the previous month’s level, suggesting Belgian consumers have become marginally more cautious heading into year-end. The “Actual” measure reflects this November decline against October, while the “Previous” comparison captured October’s movement relative to September. Although the drop is small, the index remains below the 40-point mark, underlining a still-fragile confidence backdrop in Belgium.