The Swiss PMI rose to a seasonally adjusted 57.7 in November 2018 from 57.4 in the previous month above market expectations of 56.3. The reading pointed to a stronger expansion in factory activity, as production (up 4.3 points to 58.4); employment (up 2.5 points to 57.9); new orders (up 1 point to 57.3) and purchasing prices (up 1.5 points to 61.9) increased. Meanwhile, purchasing volume (down 0.6 points to 53.1); sales stocks (down 1 point to 53.5); delivery times (down 6.4 points to 61.8) and stocks purchased (down 6.8 points to 50.5) dropped. Manufacturing PMI in Switzerland averaged 54.07 from 1995 until 2018, reaching an all time high of 66.90 in December of 2006 and a record low of 32.90 in March of 2009.

Manufacturing PMI in Switzerland is expected to be 60.90 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Switzerland to stand at 55.64 in 12 months time. In the long-term, the Switzerland Manufacturing PMI is projected to trend around 57.20 in 2020, according to our econometric models.

Switzerland Manufacturing PMI
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Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 99.10 100.20 119.20 70.70 Index Points [+]
Manufacturing PMI 57.70 57.40 66.90 32.90 [+]
Industrial Production 1.40 8.90 12.30 -10.60 percent [+]
Manufacturing Production 1.60 9.10 12.80 -11.70 percent [+]
Capacity Utilization 84.70 84.22 90.00 75.04 percent [+]
Factory Orders 11.40 11.20 17.10 -24.00 percent [+]
Changes in Inventories 2082.60 -104.80 4320.50 -4188.70 CHF Million [+]
Bankruptcies 13257.00 12927.00 13257.00 3040.00 Companies and Individuals [+]
Car Registrations 22.57 34.86 37.56 1.96 Thousand [+]
Internet Speed 21683.45 21238.67 21683.45 4380.25 KBps [+]
IP Addresses 3855605.00 3760263.00 3855605.00 1700696.00 IP [+]
Zew Economic Sentiment Index -42.30 -39.10 65.00 -91.10 [+]
Mining Production -4.70 -4.40 19.90 -24.70 percent [+]
Competitiveness Index 82.59 82.37 82.59 5.54 Points [+]
Competitiveness Rank 4.00 4.00 4.00 1.00 [+]
Ease of Doing Business 38.00 33.00 38.00 19.00 [+]
Corruption Index 85.00 86.00 91.00 84.00 Points [+]
Corruption Rank 3.00 5.00 12.00 3.00 [+]


Switzerland Manufacturing PMI

In Switzerland, the SVME 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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
57.70 57.40 66.90 32.90 1995 - 2018 Monthly
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Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.40 Dec/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 53.90 Dec/18


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