Australia’s consumer confidence softened in February, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) edging down to 52.46, compared with 53.89 in January 2026.
On a month-over-month basis, the latest reading reflects a moderation in sentiment as households reassess their outlook versus the start of the year. The February 2026 figure, updated on 13 February 2026, marks a pullback from January’s level, which itself had been compared to December’s performance under the same month-over-month framework.
While the index remains above the neutral 50 mark, indicating that positive views still slightly outweigh negative ones, the decline underscores a cooling in momentum as Australian consumers navigate evolving economic conditions early in 2026.
