Australia’s consumer confidence weakened in November, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) easing to 44.06, down from 45.62 in October 2026.
The month-over-month decline underscores a softening in household sentiment as Australians reassess their outlook on personal finances, the economy, and job security. In October 2026, the index had stood at 45.62, and the latest reading, updated on 13 November 2026, reflects a further loss of confidence heading into the end of the year.
According to the comparison methodology, the current figure measures the change from October to November, while the previous reading captured the shift from September to October. The consecutive month-on-month weakening suggests that consumers have become increasingly cautious over recent months, potentially signaling headwinds for domestic demand.
