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FX.co ★ Saudi Consumer Confidence Eases in March as PCSI Slips Month-on-Month

Saudi Consumer Confidence Eases in March as PCSI Slips Month-on-Month

Consumer sentiment in Saudi Arabia softened in March 2026, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) edging down to 71.60 from 72.66 in February 2026. The latest data, updated on 12 March 2026, show a month-on-month cooling in confidence following February’s stronger reading.

The month-on-month comparison underscores a modest pullback, as the current March figure is measured against February’s 72.66 level, while February itself had been evaluated against its own prior month. Although the index remains firmly in positive territory, the slight decline suggests Saudi consumers may be growing more cautious about near-term economic conditions and personal finances as the first quarter of 2026 progresses.

The March outcome will be closely watched to see whether it marks the beginning of a broader trend or a temporary pause after earlier gains in the PCSI. Analysts and market participants are likely to look to upcoming releases for confirmation of the direction of Saudi consumer sentiment in the months ahead.

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