India’s consumer confidence continued its upward trend in March 2026, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) advancing to 57.26 from 56.37 in February 2026.
On a month-over-month basis, the latest reading signals a modest but steady improvement in sentiment, as households assess their financial conditions, job prospects and overall economic outlook more positively than in the prior month. The February 2026 PCSI level of 56.37 had already marked a constructive backdrop, and the March uptick underscores a further strengthening in confidence.
The data, updated on 13 March 2026, show that the current month’s change is measured against February 2026, while the February reading itself reflected changes relative to January. This sequential momentum suggests that Indian consumers are gradually growing more optimistic as the year progresses, a trend closely watched by markets and policymakers for clues on future spending and economic activity.