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. source: procure.ch & Credit Suisse

Manufacturing PMI in Switzerland averaged 53.80 points from 1995 until 2021, reaching an all time high of 69.50 points in April 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 May of 2021.

Manufacturing PMI in Switzerland is expected to be 53.20 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
69.50 66.30 69.50 33.00 1995 - 2021 points Monthly
SA


News Stream
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
Swiss Manufacturing Growth Picks Up to 2-1/2-Year High
The procure.ch Manufacturing PMI in Switzerland rose to 61.3 in February 2021, from 59.4 in the previous month and above market expectations of 60.0. The latest reading pointed to the steepest month of expansion in the sector since August 2018, as the effects of the second wave of coronavirus and the measures taken to contain it were considerably more pronounced in the service sector than in manufacturing, a slump such as that seen during the first wave did not recur. Increases were seen in production (+2.1 points to 62.5), new orders (+5.1 points to 63.3), purchasing volume (+2.5 points to 61.3), employment (+0.3 points to 52.5), and purchasing prices (+6.4 points to 71.9).
2021-03-01
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

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.