October 2026 LSEG/Ipsos Primary Consumer Sentiment Index
Washington DC, October 19, 2026--The LSEG/Ipsos Primary Consumer Sentiment Index for October 2026 is at 45.2, its lowest reading since October 2011. Fielded from September 25 – October 1, 2026, the Index is down 5.3 points from last month, the second-largest month-over-month decline on record, behind only April 2020.
The Index now sits below its May 2020 pandemic low (45.4) and is 7.7 points lower than its reading from this time last year.
All four sub-indices declined this month. The Current and Investment sub-indices posted the steepest drops, each falling more than seven points, their largest monthly declines since April 2020. Both now sit more than ten points below their October 2025 readings.
The Expectations sub-index is down 3.5 points this month and now sits 5.5 points below its reading from this time last year.
Lastly, the Jobs sub-index declined 2.5 points this month and now sits 2.6 points below its reading from a year ago.
The Current Index reads at 32.9, down 7.6 points from last month. The index now sits 11.0 points lower than its reading from this time last year (43.9).
The Expectations Index reads at 53.9, down 3.5 points from last month. The index now sits 5.5 points lower than its October 2025 reading (59.4).
The Investment Index is at 36.0, down 7.9 points from September. The index is now 10.5 points lower than its October 2025 reading (46.5).
The Jobs Index reads at 61.0, down 2.5 points from September. The index is now 2.6 points lower than its reading a year ago (63.6).
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 September 25 and October 1, 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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