The procure.ch Manufacturing PMI in Switzerland increased to 59.4 in January of 2021 from 57.3 in December, beating market forecasts of 57 and pointing to a new strong growth in factory activity since September of 2018. "While seasonal adjustment factors at the start of the year skewed comparisons slightly, not only is the rally in manufacturing continuing, it has actually broadened further-despite the second wave of COVID-19 and the tightening of restrictions to contain the virus," said economist Claude Maurer at Credit Suisse, which helps compile the index. source: procure.ch & Credit Suisse
Manufacturing PMI in Switzerland averaged 53.68 points from 1995 until 2021, reaching an all time high of 66.40 points in November of 2006 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 February of 2021.
Manufacturing PMI in Switzerland is expected to be 50.50 points 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 53.60 in 12 months time. In the long-term, the Switzerland Manufacturing PMI is projected to trend around 52.00 points in 2022, according to our econometric models.