July 2025 LSEG/Ipsos Primary Consumer Sentiment Index

Washington DC, July 11, 2025--The LSEG/Ipsos Primary Consumer Sentiment Index for July 2025 is at 53.8. Fielded from June 20 – June 30, 2025, the Index is stable (+0.4 point) from last month.

The index shows stability for the first time this year, 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 up around one point this month and more than four points over the last two months. However, both sub-indices are still more than two points below their respective July 2024 readings.

The Expectations sub-index is stable this month. It now sits roughly three points below its reading from this time last year.

Lastly, the Jobs sub-index is also stable this month. It sits less than a point lower than its reading from a year ago.

The Current Index reads at 45.9, up 1.2 points from last month. The index is now 2.4 points lower than its reading from this time last year (48.3).

The Expectations Index reads at 58.4, unchanged (+0.2 point) from last month. The index is now 2.9 points lower than its July 2024 reading (61.4).

The Investment Index is at 47.8, up 1.1 points from June. The index is now 2.6 points lower than its July 2024 reading (50.4).

The Jobs Index reads at 64.3, stable (-0.4 point) from June. The index sits 0.7 point below its reading from a year ago (64.9).

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 June 20 and June 30, 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).

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