February 2026: Global consumer confidence stable for first time since October
Ipsos’ Global Consumer Confidence Index is stable this month (+0.1 point) and sits at 50.0. The index shows stability after three consecutive months of significant increases. Currently, it sits 1.2 points higher than its reading from the same time last year.
Among 30 economies measured, four countries show significant gains in consumer sentiment, and four countries show a notable decline. All four sub-indices show stability this month.
Based only on the “legacy 20 countries” tracked since March 2010, the Index would read at 47.5, nearly unchanged (-0.2 point) from January.
Sentiment is mixed in Latin America. Columbia (+3.1 points) is up significantly and has reached its highest point since tracking began in 2023, while Argentina (-3.9 points) and Brazil (-2.5 points) both show significant losses.
In contrast, consumer confidence is largely stable in Europe. Hungary (+4.4 points) has risen above the 40-point mark for the first time since May 2024, while Belgium (-2.5 points) declined this month.
The Global Consumer Confidence Index is the average of all surveyed countries’ Overall or “National” indices. This month’s installment is based on a monthly survey of more than 21,000 adults under the age of 75 from 30 countries conducted on Ipsos’ Global Advisor online platform. This survey was fielded between January 23 and February 6, 2026.
Consumer sentiment in 30 countries
Among the 30 countries, Indonesia (62.4) holds the highest National Index score. Indonesia is the only country this month to hold a National Index score of 60 or higher.
Fourteen other countries now show a National Index at or above the 50-point mark: Malaysia (59.8), Thailand (57.0), India (56.4), Singapore (56.3), Sweden (55.9), Colombia (54.8), the U.S. (53.8), the Netherlands (53.6), Mexico (53.3), Brazil (52.7), Australia (52.5), Israel (51.4), Chile (50.3) and Spain (50.0).
In contrast, Türkiye (34.6) is the only country this month to show a National Index below the 40-point mark.
Compared to 12 months ago, just three countries now show a significant drop in consumer sentiment. In contrast, twelve countries show a significant increase from February 2025, most of all in Israel (+6.6 points).
Trends
Ipsos’ Global Consumer Confidence Index (based on all 30 countries surveyed) currently reads at 50.0. Based only on the “legacy 20 countries” tracked since March 2010, it would read at 47.5.
The Current sub-index, reflecting consumers’ perceptions of the economic climate and their current purchasing, jobs, and investment confidence, is unchanged and remains at 40.8. In total, five countries show a significant month-over-month gain (at least 2 points) in their Current sub-index, and six countries show a significant loss.
The Investment sub-index, indicative of consumers’ perception of the investment climate, shows stability this month (+0.1 point) and now sits at 43.2. Six countries show a significant gain in their Investment sub-index this month, and six countries show a significant loss.
The Expectations sub-index, indicative of consumer expectations about future economic conditions, is stable this month (+0.3 point) and now sits at 58.2. Five countries show significant gains in their Expectations sub-index, while just three countries show significant losses.
The Jobs sub-index, reflecting perceptions about jobs security and the jobs market, shows insignificant change this month (-0.3 point) and is now at 58.8. Five countries show significant gains in their Jobs sub-index, and five countries show significant losses.
Of note, India is the only country to show significant losses (of at least 2 points) across all four sub-indices. In contrast, Hungary, Israel, and Singapore show significant month-over-month gains across all four sub-indices.
