August 2025 LSEG/Ipsos Primary Consumer Sentiment Index

Washington DC, August 15, 2025--The LSEG/Ipsos Primary Consumer Sentiment Index for August 2025 is at 53.4. Fielded from July 25 – 29, 2025*, the Index is stable (-0.4 point) from last month.

*This month’s fieldwork was completed prior to the tariffs that went into effect on August 1, 2025.

The index has now shown stability in back-to-back months, following six consecutive months of change. However, it remains around two points lower than its reading from this time last year.

The Current and Investment sub-indices are both down slightly this month. Both sub-indices are now in line with their respective August 2024 readings.

The Expectations sub-index is stable for the second consecutive month and is the only sub-index that did not decline. However, it still sits five points below its reading from this time last year.

Lastly, the Jobs sub-index is down slightly this month. It now sits more than two points below its reading from a year ago.

The Current Index reads at 45.1, down 0.7 point from last month. The index is now in line with its reading from this time last year (45.2).

The Expectations Index reads at 58.5, unchanged (+0.1 point) for the second consecutive month. The index is now five points lower than its August 2024 reading (63.5).

The Investment Index is at 47.4, down 0.5 point from July. The index is now in line with its August 2024 reading (47.5).

The Jobs Index reads at 63.7, down 0.6 point from July. The index now sits 2.5 points below its reading from a year ago (66.2).

About the Study

These findings are based on data from a monthly 30-country survey conducted by Ipsos on its Global Advisor online survey platform and, in India, on its IndiaBus platform. They are first reported each month by LSEG as the Primary Consumer Sentiment Index (PCSI).

This survey was fielded between July 25 and July 29, 2025. The sample includes 1,000 Americans aged 18-74.

The data is weighted so that the composition of the sample in each country best reflects the demographic profile of the adult population according to the most recent census data.

The LSEG/Ipsos Primary Consumer Sentiment Index (PCSI), ongoing since 2010, is a monthly survey of consumer attitudes on the current and future state of their local economy, personal financial situation, savings, and confidence to make major investments. The PCSI metrics reported each month for each of the countries surveyed consist of a “Primary Index” based on all 10 questions below and of several “sub-indices” each based on a subset of these 10 questions.

About Ipsos

Ipsos is one of the largest market research and polling companies globally, operating in 90 markets and employing nearly 20,000 people.

Our passionately curious research professionals, analysts and scientists have built unique multi-specialist capabilities that provide true understanding and powerful insights into the actions, opinions and motivations of citizens, consumers, patients, customers or employees. Our 75 business solutions are based on primary data from our surveys, social media monitoring, and qualitative or observational techniques.

“Game Changers” – our tagline – summarizes our ambition to help our 5,000 clients navigate with confidence our rapidly changing world.

Founded in France in 1975, Ipsos has been listed on the Euronext Paris since July 1, 1999. The company is part of the SBF 120, Mid-60 indices, and is eligible for the Deferred Settlement Service (SRD).

ISIN code FR0000073298, Reuters ISOS.PA, Bloomberg IPS:FP www.ipsos.com