FX.co ★ South Africa’s Consumer Sentiment Slips in June as PCSI Falls to 46.23

South African consumer confidence weakened in June 2026, according to the latest Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) data. The index declined to 46.23 in June from 48.71 in May 2026, based on month-over-month comparison.

The drop marks a reversal from May’s higher reading and suggests growing caution among South African consumers as mid-year approaches. The June 2026 data, updated on 11 June 2026, indicate that consumer sentiment has moved further below the 50-point level often viewed as a neutral threshold between pessimism and optimism.

On a month-over-month basis, the “Actual” figure reflects the change from May to June, while the “Previous” comparison captured the shift from April to May. The latest reading underscores a softening in household confidence, which could have implications for spending behavior and broader economic momentum in the coming months.