The procure.ch Services PMI in Switzerland increased to 36.2 May 2020 from an all-time low of 21.4 in the previous month, with most of the main sub indexes rising: business activity (40.8 vs 17.4); new orders (37.3 vs 15.1); and backlogs of work (31.7 vs 17.2). Meanwhile, employment fell at a faster pace (36.1 vs 40.8). On the price front, input costs and output prices fell.
Services Pmi in Switzerland averaged 56.32 points from 2016 until 2020, reaching an all time high of 68.40 points in August of 2017 and a record low of 21.40 points in April of 2020. This page provides - Switzerland Services PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Services PMI - values, historical data and charts - was last updated on June of 2020. source: procure.ch & Credit Suisse