The procure.ch Services PMI in Switzerland dropped to 50.6 in December 2019 from 51.7 in the previous month, pointing to the weakest pace of expansion in the sector since a contraction in July. Four of the main sub indexes fell: business activity (55.2 vs 55.9 in November); new orders (50.0 vs 52.2); backlog of orders (46.9 vs 49.8); and sale prices (46.7 vs 49.8). The gauge for purchase price was unchanged at 48.1 while the employment sub-index returned to expansion territory (51.1 vs 48.8).

Services Pmi in Switzerland averaged 58.32 points from 2016 until 2019, reaching an all time high of 68.40 points in August of 2017 and a record low of 48.20 points in July of 2019. This page provides - Switzerland Services PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: procure.ch & Credit Suisse


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Switzerland Services PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.60 51.70 68.40 48.20 2016 - 2019 points Monthly
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Switzerland Services PMI
The basis for the Swiss PMI Industry and Service indices is provided by over 300 purchasing managers who deliver their monthly data using a standardised online questionnaire. The data indicates how the current month’s performance has changed compared to the previous month. The questions are qualitative, i.e. the purchasing managers evaluate whether the level of activity is higher, the same or lower than the month before. The questionnaire covers the following topics: Business activity; New orders; Order volume (customer orders); Purchasing prices; Sales prices; and Number of employees. The service sector includes companies that generate more than half of their revenues from the provision of services. Service providers trade in goods or provide services directly to customers (consulting, management, development, etc.).

Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 96.40 92.60 119.50 60.00 points [+]
Manufacturing PMI 50.20 48.80 66.90 32.80 points [+]
Industrial Production 8.00 4.40 12.30 -10.60 percent [+]
Manufacturing Production 7.20 5.20 12.80 -11.60 percent [+]
Capacity Utilization 80.42 79.89 90.00 75.04 percent [+]
Changes in Inventories -2036.40 -2877.60 4252.60 -4313.40 CHF Million [+]
Bankruptcies 13971.00 13257.00 13971.00 3040.00 Companies and Individuals [+]
Car Registrations 24.10 25.73 46.78 1.41 Thousand [+]
Internet Speed 21683.45 21238.67 21683.45 4380.25 KBps [+]
IP Addresses 3855605.00 3760263.00 3855605.00 1700696.00 IP [+]
Industrial Production Mom 0.80 1.10 5.40 -4.90 percent [+]
Mining Production -1.70 -3.20 19.40 -24.40 percent [+]
Services Pmi 50.60 51.70 68.40 48.20 points [+]
Zew Economic Sentiment Index 12.50 -3.90 65.00 -91.10 [+]
Competitiveness Index 82.33 82.59 82.59 5.54 Points [+]
Competitiveness Rank 5.00 4.00 5.00 1.00 [+]
Ease of Doing Business 36.00 38.00 38.00 19.00 [+]
Corruption Index 85.00 85.00 91.00 84.00 Points [+]
Corruption Rank 4.00 3.00 12.00 3.00 [+]