The procure.ch Manufacturing PMI in Switzerland fell to 66.7 in June 2021, from an all-time high of 69.9 in the previous month and below market expectations of 69.7, still signaling a strong recovery in Swiss manufacturing following the easing of pandemic measures. The latest reading was the third highest since the survey began in 1995, as production, new orders, purchasing volume and employment continued to expand at solid rates. Meanwhile, inflationary pressure continued to build, amid reports that supply and transportation have failed to keep pace with demand. source: procure.ch & Credit Suisse

Manufacturing PMI in Switzerland averaged 53.89 points from 1995 until 2021, reaching an all time high of 69.90 points in May 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 July of 2021.

Manufacturing PMI in Switzerland is expected to be 62.00 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 56.50 in 12 months time. In the long-term, the Switzerland Manufacturing PMI is projected to trend around 55.10 points in 2022 and 52.00 points in 2023, according to our econometric models.

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Switzerland Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
66.70 69.90 69.90 33.00 1995 - 2021 points Monthly
SA


News Stream
Swiss Manufacturing Growth Remains Solid in June
The procure.ch Manufacturing PMI in Switzerland fell to 66.7 in June 2021, from an all-time high of 69.9 in the previous month and below market expectations of 69.7, still signaling a strong recovery in Swiss manufacturing following the easing of pandemic measures. The latest reading was the third highest since the survey began in 1995, as production, new orders, purchasing volume and employment continued to expand at solid rates. Meanwhile, inflationary pressure continued to build, amid reports that supply and transportation have failed to keep pace with demand.
2021-07-01
Switzerland May PMI at Record High
The procure.ch Manufacturing PMI in Switzerland rose to an all-time high of 69.9 in May of 2021, from 69.5 in the previous month and just under market expectations of 70.0, amid a quickening rebound of factory activity from the COVID-19 downturn. Manufacturers reported the speed of the recovery was causing widespread signs of scarcity, which were reflected in the sub-indexes with the largest increases, namely purchasing prices (91.9 from 93.9 in April), sales stocks (46.4 from 42.1), and lengthier delivery times (89.0 from 85.8). Meanwhile, the recovery in the workforce is moving at a slower pace, with employment rising by 1.6 percentage points (56.2 from 54.6). Looking ahead, the broad-based recovery in Swiss manufacturing will likely remain in place for the foreseeable future in light of the positive order situation, while demand for goods is seen fading slightly as households regain access to other consumption options.
2021-06-01
Swiss Factory Activity Growth at Record High
The procure.ch Manufacturing PMI in Switzerland rose to an all-time high of 69.5 in April 2021, from 66.3 in the previous month and above market expectations of 66.0, signaling a broad-based recovery in Swiss manufacturing that will likely remain in place for the foreseeable future in light of the positive order situation. Output growth was the second-highest after only July 2006, while readings for order backlog, purchase prices and suppliers' delivery times hit records.
2021-05-03
Switzerland March PMI Highest since 2006
The procure.ch Manufacturing PMI in Switzerland jumped to 66.3 in March of 2021 from 61.3 in February, beating market expectations of 64.5, as the industrial sector recovers from the coronavirus pandemic. The reading pointed to the biggest increase in factory activity since November of 2006, boosted by faster growth in production (+4.1 to 66.5), orderbook (+6.9 to 70.2), purchasing volume (+9 to 70.3) and employment (+1.9 to 54.4). The gauge for delivery times also increased (+10.2 to 85.7) and price pressures intensified (+11.3 to 83.2).
2021-04-01

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.