The procure.ch and Credit Suisse Manufacturing PMI for Switzerland fell to 60 in May of 2022 from 62.5 in the previous month, missing market expectations of 61. The latest reading pointed to the softest expansion in factory activity since January 2021, amid decreases in production (-2.2 points to 53.4), order book (-6.7 points to 58.6) and purchasing volume (-0.8 points to 60.5). In the meantime, employment (+2.1 to 62.8) and stocks purchased (+1.5 to 60.2) rose while purchasing prices fell (-8.5 points to 81.6). source: procure.ch & Credit Suisse
Manufacturing PMI in Switzerland averaged 54.24 points from 1995 until 2022, reaching an all time high of 70 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 June of 2022.
Manufacturing PMI in Switzerland is expected to be 65.30 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 2023 and 52.00 points in 2024, according to our econometric models.