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.

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Switzerland Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
59.40 57.30 66.40 33.00 1995 - 2021 points Monthly
SA


News Stream
Swiss Factory Growth Remains Strong
The procure.ch Manufacturing PMI in Switzerland increased to 59.4 in January of 2021 from 58 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.
2021-02-01
Swiss Manufacturing PMI at Over 2-Year High
The procure.ch Manufacturing PMI in Switzerland rose to 58.0 in December 2020, up from 55.2 in the previous month and above market expectations of 54.0. The latest reading pointed to the strongest pace of expansion in factory activity since September 2018 as exports, in particular to Asia, helped extend a recovery despite the pandemic. "Unlike in spring, supply chains were now running smoothly, while north Asia in particular had got the pandemic under control", Credit Suisse economist Claude Maurer said. "Swiss industry not only benefits directly from demand out of Asia, but also indirectly, for example as a supplier to the German automotive industry," he noted.
2021-01-04
Swiss Factory Activity Growth at Near 2-Year High
The procure.ch Manufacturing PMI in Switzerland rose to 55.2 in November of 2020 from 52.3 in the previous month and beating market expectations of 51.3. The latest reading pointed to the fourth consecutive expansion in the factory sector and the strongest since December of 2018. Both output and new orders continued to rise and at a faster pace. Meantime, the rate of job shedding was the weakest since February. Meanwhile, inventories dropped, with declines in stocks of both preliminary products and finished goods.
2020-12-01
Swiss Manufacturing Activity Growth Slows in October
The procure.ch Manufacturing PMI in Switzerland declined to 52.3 in October 2020 from 53.1 in the previous month. Still, the reading pointed to the third consecutive expansion in the factory sector, as both output and new orders continued to rise albeit at a softer pace. Meantime, inventories dropped, with declines in stocks of both preliminary products and finished goods. Also, the job shedding rate accelerated again somewhat, with employment coming in at lowest level since June 2020.
2020-11-02

Switzerland Manufacturing PMI
In Switzerland, the procure.ch 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.