The procure.ch and Credit Suisse Manufacturing PMI for Switzerland fell to 62.5 in November of 2021 from 65.4 in October, below market expectations of 64.4. It was the lowest reading since February, reflecting the impact of persistent supply issues on the manufacturing recovery. Declines were seen for production (-8.3 to 52.5), order book (-5.9 to 60.9), purchasing volume (-7.7 to 57.4), employment (-0.7 to 59.5), purchasing prices (-3.6 to 88.4) and delivery times (-1.2 to 82.6). Meanwhile, stocks purchased (+12.4 to 67.9) and sales stocks (+0.4 to 53.2) increased. source: procure.ch & Credit Suisse
Manufacturing PMI in Switzerland averaged 54.09 points from 1995 until 2021, reaching an all time high of 71.10 points in July of 2021 and a record low of 33 points in March of 2009. This page provides the latest reported value for - Switzerland Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Manufacturing PMI in Switzerland is expected to be 57.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Manufacturing PMI is projected to trend around 55.10 points in 2022 and 52.00 points in 2023, according to our econometric models.