The procure.ch Services PMI in Switzerland increased to 51.7 in August 2020 from 51.6 in the previous month. source: procure.ch & Credit Suisse

Services Pmi in Switzerland averaged 56.01 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 October of 2020.

Services Pmi in Switzerland is expected to be 52.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services Pmi in Switzerland to stand at 52.80 in 12 months time. In the long-term, the Switzerland Services PMI is projected to trend around 54.00 points in 2021 and 53.60 points in 2022, according to our econometric models.

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Switzerland Services PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.70 51.60 68.40 21.40 2016 - 2020 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.).