In a promising start to the new year, the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) for Canada saw a notable increase, rising from 46.43 in December 2025 to 49.28 in January 2026. This represents a month-over-month comparison and indicates a shift towards higher consumer confidence among Canadian consumers as 2026 begins.
The index, which provides a snapshot of the economic sentiment of everyday consumers, plays a significant role in forecasting economic activities like spending and saving behaviors across the nation. With a 2.85-point jump, January's data suggests that Canadians might be feeling more optimistic about their economic conditions than they did during the final month of 2025.
The update, reflected as of January 14, 2026, underscores the positive momentum that could shape consumer-related economic activities in the coming months. Economic analysts and policymakers will likely monitor this upward trend, assessing its implications for future economic resilience and growth in Canada.
