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.