The procure.ch and Credit Suisse Manufacturing PMI fell to 56.4 in August of 2022 from 58 in the prior month, compared to market expectations of 56.8. The figure pointed to the slowest, albeit strong, factory activity growth since November of 2020. Even though production fell slightly (-2.2 to 54), an increase in backlogs of work (+1.5 to 54.4) pointed to relative health for the Swiss manufacturing sector and marked a sharp outperformance compared to its Eurozone neighbors. Still, higher energy costs continued to drive up purchasing prices (+2.1 to 73.3), while employment growth stalled (at 58.3). source: procure.ch & Credit Suisse
Manufacturing PMI in Switzerland averaged 54.27 points from 1995 until 2022, reaching an all time high of 70 points in July 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 September of 2022.
Manufacturing PMI in Switzerland is expected to be 62.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Manufacturing PMI is projected to trend around 55.10 points in 2023 and 52.00 points in 2024, according to our econometric models.