KSA Primary Consumer Sentiment Index - May 2026

The latest findings from Ipsos Saudi Arabia’s Primary Consumer Sentiment Index (PCSI) for May 2026 show a slight softening in consumer sentiment, with the overall index standing at 70.8, down from the previous wave. Despite this moderation, Saudi Arabia continues to remain among the more optimistic markets globally.

The decline is reflected in softer readings across key sentiment indicators, particularly around current personal financial conditions and economic expectations, while investment climate and employment confidence remained broadly stable. Consumers continue to show caution in their spending outlook, even as confidence in the broader economy remains comparatively strong. 

Consumer concerns remain centered on unemployment, inflation, and taxes, while regional geopolitical tensions also feature prominently, ranking as the fourth most important concern. Overall, the May wave points to a more cautious sentiment environment, where confidence remains present but is increasingly measured. 

The Primary Consumer Sentiment Index is a global index conducted monthly by Ipsos across 22 countries in collaboration with Thomson Reuters, and measures consumer attitudes towards the current and future state of the local economy, consumers’ personal financial situation, as well as confidence to make large investments and ability to save. The survey has been running monthly in Saudi Arabia since 2010. 

Click below for the full report.