India’s consumer confidence retreated in February 2026, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) easing to 56.37 from 60.73 in January 2026.
The month-over-month comparison shows a clear softening in sentiment, as February’s reading marks a notable drop from the previous month’s level. In January 2026, the PCSI had reached 60.73, but by February 2026 it had declined to 56.37, according to data updated on 13 February 2026.
The “Actual” comparison reflects this February-over-January change, while the “Previous” comparison refers to January’s movement relative to December, highlighting how the momentum in consumer sentiment has weakened as the year progresses.
