January 2026 LSEG/Ipsos Primary Consumer Sentiment Index

Washington DC, January 16, 2026--The LSEG/Ipsos Primary Consumer Sentiment Index for January 2026 is at 53.8. Fielded from December 24, 2025 – January 5, 2026, the Index is up two points from last month.

The index begins the year with its largest month-over-month increase in seven months. It now sits less than a point lower than its reading from this time last year.

The Current sub-index is up more than two points this month and shows its first significant gain in six months. It now sits around half a point higher than its January 2025 reading.

The Investment sub-index is up more than three points this month and shows the largest increase among the sub-indices. It is now more than a point higher than its reading from this time a year ago.

The Expectations sub-index is up more than two points this month and has increased significantly in consecutive months. However, it still sits more than two points lower than its reading from this time last year.

Lastly, the Jobs sub-index is down more than one point this month and is the only sub-index to decline significantly. It is now more than three points lower than its reading from a year ago.

The Current Index reads at 45.9, up 2.5 points from last month. The index now sits 0.6 point higher than its reading from this time last year (45.2).

The Expectations Index reads at 60.7, up 2.6 points this month. The index now sits 2.5 points lower than its January 2025 reading (63.3).

The Investment Index is at 48.4, up 3.4 points from December. The index is now 1.3 points above its January 2025 reading (47.1).

The Jobs Index reads at 61.3, down 1.6 points from December. The index is now 3.3 points below its reading from a year ago (64.7).

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 December 24, 2025 and January 5, 2026. 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).

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