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.

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Switzerland Manufacturing PMI


Related Last Previous Unit Reference
Manufacturing PMI 62.50 65.40 points Nov/21
Services PMI 61.30 60.80 points Aug/21

News Stream
Swiss Factory Activity Growth at 9-Month Low
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.
2021-12-01
Swiss Factory Activity Growth at 8-Month Low
The procure.ch and Credit Suisse Manufacturing PMI for Switzerland fell to 65.4 in October 2021 from 68.1 in the previous month, the lowest since February and below market expectations of 65.5. Decreases were seen for production (-3.8 to 60.8), order book (-0.9 to 66.8), purchasing volume (-7.5 to 65.1), stocks purchased (-3.9 to 55.5), employment (-1.9 to 60.1) and delivery times (-4.8 to 83.8). Meanwhile, sales stocks (+7.7 to 52.8) and purchasing prices (+1.4 to 91.9) increased.
2021-11-01
Swiss Factory Growth Strengthens in September
The procure.ch and Credit Suisse Manufacturing PMI for Switzerland rose to 68.1 in September of 2021 from 67.7 in August, better than forecasts of 65.5 and just off the all-time high of 71.1 hit in July. Increases were seen for production (+1.4 to 64.6), purchasing volume (+1.9 to 72.6), purchasing prices (+2.5 to 90.6) and stocks purchased (+4.8 to 59.4). Delivery times also went up (+3.1 to 88.6), amid ongoing supply disruptions. Meanwhile, orderbook (-2.3 to 67.7), sales stocks (-1 to 45.1) and employment (-1.1 to 62) decreased.
2021-10-01

Switzerland Manufacturing PMI
In Switzerland, the procure.ch Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey to executives on their procurement expectations for the following month. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.