In a positive turn for the Spanish economy, the Thomson Reuters Ipsos Primary Consumer Sentiment Index (PCSI) has shown a notable increase for May 2025, signaling restored confidence among consumers. According to the latest data updated on May 15, 2025, the index climbed to 50.16, up from 48.90 in April 2025.
This month-over-month improvement reflects a rejuvenation in consumer sentiment as the index surpasses the critical 50-point mark, which typically delineates positive economic outlooks from negative ones. The uptick suggests that Spanish consumers are feeling more optimistic about their personal financial situations and the economy's prospects compared to the previous month.
The rise marks a shift from April's stagnation and may herald greater consumer spending, which could invigorate economic growth in the country. Analysts are watching closely to see if this momentum will sustain, potentially fueling broader economic recovery efforts throughout the year.