Ipsos’ Global Consumer Confidence Index is unchanged this month and remains at 48.0. The index shows stability for the fourth consecutive month but still sits 1.1 points below its reading from this time last year. Among 30 economies measured, six countries show significant gains in consumer sentiment, and five countries show a notable decline. While the overall index is stable, there is some shift among the sub-indices. The Current sub-index declined this month, while the Expectations sub-index shows an uptick. In contrast, the Investment and Jobs sub-indices both show stability. Based only on the “legacy 20 countries” tracked since March 2010, the Index would read at 46.3, down an insignificant 0.2 point from September. Sentiment is largely up in the Asia-Pacific. Indonesia (+6.5 points) shows the largest increase among all countries, and Thailand (+3.6 points), South Korea (+2.6 points), and Malaysia (+2.1 points) are all up significantly. However, Australia (-2.1 points) and Japan (-2.0 points) show declines this month. In contrast, consumer confidence is mixed in Latin America. Argentina (-3.5 points) and Colombia (-3.1 points) show the largest declines among all countries, while Brazil (+2.2 points) is up significantly. The Global Consumer Confidence Index is the average of all surveyed countries’ Overall or “National” indices. This month’s installment is based on a monthly survey of more than 21,000 adults under the age of 75 from 30 countries conducted on Ipsos’ Global Advisor online platform. This survey was fielded between September 19 and October 3, 2025.