FX.co ★ Australian Consumer Sentiment Slips in February, IPSOS PCSI Eases to 52.46

Australia’s consumer confidence softened in February, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) edging down to 52.46, compared with 53.89 in January 2026.

On a month-over-month basis, the latest reading reflects a moderation in sentiment as households reassess their outlook versus the start of the year. The February 2026 figure, updated on 13 February 2026, marks a pullback from January’s level, which itself had been compared to December’s performance under the same month-over-month framework.

While the index remains above the neutral 50 mark, indicating that positive views still slightly outweigh negative ones, the decline underscores a cooling in momentum as Australian consumers navigate evolving economic conditions early in 2026.