11.09.202602:00:00UTC+00Australian Consumer Sentiment Softens Slightly in September, PCSI Slips to 48.50

Australian consumer confidence edged lower in September, with the Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) easing to 48.50 from 48.79 in August 2026. The marginal decline keeps the index below the 50-point threshold that typically separates pessimism from optimism, signalling that households remain cautious about economic conditions.

The month‑over‑month comparison shows a modest deterioration in sentiment versus August, when the index had already been below 50. According to the methodology description, the “Actual” reading reflects the change from the previous month, while the “Previous” figure captures the change observed in August relative to July, underscoring a continued, if slight, weakening trend in confidence.

The latest data, updated on 11 September 2026, suggest that Australian consumers are still wary, potentially tempering spending and broader economic momentum heading into the final quarter of the year. Investors and policymakers will be watching upcoming readings closely for signs of either stabilisation or further softening in household sentiment.