Spain’s consumer sentiment improved in November 2026, according to the latest Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI), signaling a modest uptick in confidence as the year draws to a close.
The index rose to 47.55 in November from 45.22 in October 2026, on a month-over-month comparison basis. The “Actual” reading reflects the change from October to November, while the “Previous” comparison captured the movement from September to October. The data, updated as of 12 November 2026, suggests that Spanish consumers have become slightly more optimistic compared with the prior month, although overall sentiment remains below the neutral 50-point threshold.
Market observers will be watching upcoming releases to see whether this improvement in Spain’s PCSI develops into a sustained trend, which could have implications for domestic demand, retail activity, and broader economic momentum into 2027.