Services PMI in Switzerland decreased to 49.10 points in January from 49.50 points in December of 2020. source: procure.ch & Credit Suisse

Services PMI in Switzerland averaged 55.50 points from 2016 until 2021, reaching an all time high of 68.40 points in August of 2017 and a record low of 21.80 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 May of 2021.

Services PMI in Switzerland is expected to be 51.00 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 54.00 in 12 months time. In the long-term, the Switzerland Services PMI is projected to trend around 53.60 points in 2022, according to our econometric models.

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Switzerland Services PMI

Actual Previous Highest Lowest Dates Unit Frequency
49.10 49.50 68.40 21.80 2016 - 2021 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.).